Tripled Shredded Capital LLC
Tripled Shredded Capital LLC is located in Malvern, Pennsylvania, and operates in the other miscellaneous nondurable goods merchant wholesalers industry (NAICS 424990). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,560,000, approved on October 21, 2023, through Wilmington Savings Fund Society FSB.
SBA 7(a) loan, change of ownership, approved Oct 21, 2023
$1,560,000 approvedLender: Wilmington Savings Fund Society FSB10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,560,000
- SBA-guaranteed amount
- $1,170,000 (75% of the approval)
- Lender
- Wilmington Savings Fund Society FSB, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 21, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $21,050 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 2, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 424990, Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Project location
- Chester County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 44% of acquisition loans in Other Miscellaneous Nondurable Goods Merchant Wholesalers on this site.
- Average acquisition loan in Other Miscellaneous Nondurable Goods Merchant Wholesalers: $2,103,574.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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