Wyandotte Investments, LLC
Wyandotte Investments, LLC is an all other miscellaneous retailers business located in Overland Park, KS. The company was financed with an SBA 7(a) loan for a change of ownership of $1.3 million, approved on May 13, 2024 by Academy Bank National Association.
SBA 7(a) loan, change of ownership, approved May 13, 2024
$1,305,000 approvedLender: Academy Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,305,000
- SBA-guaranteed amount
- $978,750 (75% of the approval)
- Lender
- Academy Bank National Association, Kansas City, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 13, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $16,180 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 28, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 459999, All Other Miscellaneous Retailers
- Project location
- Johnson County, KS
- SBA district office
- Kansas City District Office
- Congressional district
- KS-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 58% 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 Kansas: $1,491,022.
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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