Triple Curl Capital, LLC
Triple Curl Capital, LLC is a motorcycle, ATV, and all other motor vehicle dealer located in Shelbyville, TN. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,759,000, approved on December 13, 2023 by Wilson Bank & Trust. The loan reports 10 jobs.
SBA 7(a) loan, change of ownership, approved Dec 13, 2023
$1,759,000 approvedLender: Wilson Bank & Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,759,000
- SBA-guaranteed amount
- $1,319,250 (75% of the approval)
- Lender
- Wilson Bank & Trust, Lebanon, TN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 13, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $23,982 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 20, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 441227, Motorcycle, ATV, and All Other Motor Vehicle Dealers
- Project location
- Bedford County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in Motorcycle, ATV, and All Other Motor Vehicle Dealers on this site.
- Average acquisition loan in Motorcycle, ATV, and All Other Motor Vehicle Dealers: $2,557,093.
- Average acquisition loan in Tennessee: $1,738,925.
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.
Is this your company? Claim or correct this listing. See Corrections.