White Rabbit Transportation Co
White Rabbit Transportation Co is a business in Phoenix, AZ, in the general freight trucking, long-distance, truckload industry (NAICS 484121). It was financed with an SBA 7(a) loan for a change of ownership of $1.6 million, approved on January 27, 2024, by First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved Jan 27, 2024
$1,643,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,643,000
- SBA-guaranteed amount
- $1,232,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 27, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $22,865 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 16, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 484121, General Freight Trucking, Long-Distance, Truckload
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 51% of acquisition loans in General Freight Trucking, Long-Distance, Truckload on this site.
- Average acquisition loan in General Freight Trucking, Long-Distance, Truckload: $1,974,886.
- Average acquisition loan in Arizona: $1,690,811.
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 Arizona
- MC Carrier LLC, El Mirage
- Dardini Logistics Services, Scottsdale