Tcja Management LLC
Tcja Management LLC, located in Saint George, Utah, operates in the specialized freight trucking, local industry (NAICS 484220). The company was financed with an SBA 7(a) loan for a change of ownership of $719,000, approved on December 4, 2023 by Evolve Bank and Trust. The loan was reported with 8 jobs.
SBA 7(a) loan, change of ownership, approved Dec 4, 2023
$719,000 approvedLender: Evolve Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $719,000
- SBA-guaranteed amount
- $539,250 (75% of the approval)
- Lender
- Evolve Bank and Trust, West Memphis, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 4, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $9,904 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 484220, Specialized Freight (except Used Goods) Trucking, Local
- Project location
- Washington County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Specialized Freight (except Used Goods) Trucking, Local: $1,991,667.
- Average acquisition loan in Utah: $1,761,092.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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