United Fireworks, LLC
United Fireworks, LLC is located in Overbrook, Oklahoma, and is classified under NAICS 459999, All Other Miscellaneous Retailers. The company was financed with an SBA 7(a) loan for a change of ownership of $652,200, approved on May 24, 2024, through the lender Bank7, and reports 10 jobs.
SBA 7(a) loan, change of ownership, approved May 24, 2024
$652,200 approvedLender: Bank76 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $652,200
- SBA-guaranteed amount
- $489,150 (75% of the approval)
- Lender
- Bank7, Oklahoma City, OK
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 6 years (72 months)
- Estimated maturity
- May 24, 2030 (estimated, approval date plus term)
- Estimated monthly payment
- $11,919 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 459999, All Other Miscellaneous Retailers
- Project location
- Carter County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in All Other Miscellaneous Retailers on this site.
- Average acquisition loan in All Other Miscellaneous Retailers: $1,546,818.
- Average acquisition loan in Oklahoma: $1,861,759.
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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Same industry in Oklahoma
- W-L Enterprises, LLC, Overbrook