West Roots LLC (dba Maptive)
West Roots LLC (doing business as Maptive) is a custom computer programming services business in Denver, Colorado, classified under NAICS code 541511. The company was financed with an SBA 7(a) loan for a change of ownership of $3,000,000, approved on March 18, 2025, through Leader Bank, National Association.
SBA 7(a) loan, change of ownership, approved Mar 18, 2025
$3,000,000 approvedLender: Leader Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,000,000
- SBA-guaranteed amount
- $2,250,000 (75% of the approval)
- Lender
- Leader Bank, National Association, Arlington, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $40,062 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 10, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 541511, Custom Computer Programming Services
- Project location
- Denver County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 66% of acquisition loans in Custom Computer Programming Services on this site.
- Average acquisition loan in Custom Computer Programming Services: $2,304,588.
- Average acquisition loan in Colorado: $1,608,658.
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 Colorado
- Muscovy Technology Group, Inc., Denver