Zenithen USA, LLC
Zenithen USA, LLC is a business in Spokane, Washington, in the wholesale trade agents and brokers industry (NAICS 425120). The company was financed with an SBA 7(a) loan for a change of ownership of $705,000, approved on April 18, 2024, by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Apr 18, 2024
$705,000 approvedLender: The Huntington National Bank10 years termPaid in fullLoan details
- Gross approval
- $705,000
- SBA-guaranteed amount
- $528,750 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 18, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,711 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2024
- Loan status
- Paid in full
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 425120, Wholesale Trade Agents and Brokers
- Project location
- Spokane County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in Wholesale Trade Agents and Brokers on this site.
- Average acquisition loan in Wholesale Trade Agents and Brokers: $1,322,545.
- Average acquisition loan in Washington: $1,784,595.
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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