Adaptive Ventures, LLC in Idaho Falls, ID — $638K (2022) · purchase · Customers Bank

Program: Preferred Lenders Program
Rate at approval: 6% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $478K (75%)
Approval → funding: 3 days
Approved: 11/16/2021
First disbursed: 11/19/2021
Loan status: Paid in full (2/28/2023)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 5
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $708K
Est. down payment (10%): $71K
Est. cash at closing: $95K
Monthly payment: $7,078
Annual debt service: $85K
Cash flow needed (1.25×): $106K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Customers Bank · Lender record →

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Boothe Holdings, LLC in Spanish Fork, UT — $1.4M (2021) · purchase · Central Bank

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 180 mo (15 yrs)
SBA guaranteed: $1.3M (90%)
Approval → funding: 2 days
Approved: 3/17/2021
First disbursed: 3/19/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 7
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $1.5M
Est. down payment (10%): $155K
Est. cash at closing: $212K
Monthly payment: $11,573
Annual debt service: $139K
Cash flow needed (1.25×): $174K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Central Bank · Lender record →

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Rush's Musical Services, Inc. in Knoxville, TN — $1.1M (2021) · purchase · First Horizon Bank

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $1.0M (90%)
Approval → funding: 6 days
Approved: 9/24/2021
First disbursed: 9/30/2021
Loan status: Paid in full (1/31/2023)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 18
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $1.3M
Est. down payment (10%): $127K
Est. cash at closing: $174K
Monthly payment: $12,514
Annual debt service: $150K
Cash flow needed (1.25×): $188K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by First Horizon Bank · Lender record →

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Whitney and Wade, LLC in Tampa, FL — $1.1M (2021) · purchase · Columbia Bank

Program: Preferred Lenders Program
Rate at approval: 6% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $999K (90%)
Approval → funding: 16 days
Approved: 4/5/2021
First disbursed: 4/21/2021
Loan status: Paid in full (3/31/2024)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 1
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $1.2M
Est. down payment (10%): $123K
Est. cash at closing: $169K
Monthly payment: $12,329
Annual debt service: $148K
Cash flow needed (1.25×): $185K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Columbia Bank · Lender record →

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Resonant Waves, Inc. in Danville, CA — $500K (2021) · purchase · BMO Bank National Association

Program: Preferred Lenders Program
Rate at approval: 5.75% fixed
Term: 120 mo (10 yrs)
SBA guaranteed: $450K (90%)
Approval → funding: 14 days
Approved: 6/18/2021
First disbursed: 7/2/2021
Loan status: Current
Loan type: Term loan
Collateral: Not required
Business type: Corporation
Jobs supported: 5
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $556K
Est. down payment (10%): $56K
Est. cash at closing: $74K
Monthly payment: $5,488
Annual debt service: $66K
Cash flow needed (1.25×): $82K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by BMO Bank National Association · Lender record →

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Total Music Systems, Inc. in Minneapolis, MN — $229K (2021) · purchase · Old National Bank

Program: Preferred Lenders Program
Rate at approval: 6% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $206K (90%)
Approval → funding: 7 days
Approved: 6/15/2021
First disbursed: 6/22/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 4
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $254K
Est. down payment (10%): $25K
Est. cash at closing: $34K
Monthly payment: $2,539
Annual debt service: $30K
Cash flow needed (1.25×): $38K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Old National Bank · Lender record →

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Antonio Strad Violin,LLC in San Antonio, TX — $2.9M (2020) · purchase · Live Oak Banking Company

Program: Preferred Lenders Program
Rate at approval: 5.15% variable
Term: 121 months
SBA guaranteed: $2.2M (75%)
Approval → funding: 33 days
Approved: 4/28/2020
First disbursed: 5/31/2020
Loan status: Paid in full (3/31/2025)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 12
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $3.2M
Est. down payment (10%): $324K
Est. cash at closing: $447K
Monthly payment: $30,935
Annual debt service: $371K
Cash flow needed (1.25×): $464K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Live Oak Banking Company · Lender record →

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SPRINGFIELD MUSIC INC in Springfield, MO — $2.1M (2020) · purchase · OakStar Bank

Program: Preferred Lenders Program
Rate at approval: 6% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $1.6M (75%)
Approval → funding: 8 days
Approved: 9/14/2020
First disbursed: 9/22/2020
Loan status: Paid in full (2/28/2026)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 120
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $2.4M
Est. down payment (10%): $235K
Est. cash at closing: $324K
Monthly payment: $23,512
Annual debt service: $282K
Cash flow needed (1.25×): $353K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by OakStar Bank · Lender record →

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JKA Enterprises, LLC in Littleton, CO — $850K (2020) · purchase · PNC Bank, National Association

Program: Preferred Lenders Program
Rate at approval: 4.2% fixed
Term: 120 mo (10 yrs)
SBA guaranteed: $638K (75%)
Approval → funding: 38 days
Approved: 7/24/2020
First disbursed: 8/31/2020
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 11
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $944K
Est. down payment (10%): $94K
Est. cash at closing: $130K
Monthly payment: $8,687
Annual debt service: $104K
Cash flow needed (1.25×): $130K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by PNC Bank, National Association · Lender record →

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H22 MUSIC STORE LLC in Jacksonville, AR — $270K (2020) · purchase · Bank OZK

Program: Preferred Lenders Program
Rate at approval: 6% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $203K (75%)
Approval → funding: 69 days
Approved: 4/22/2020
First disbursed: 6/30/2020
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 1
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $300K
Est. down payment (10%): $30K
Est. cash at closing: $40K
Monthly payment: $2,998
Annual debt service: $36K
Cash flow needed (1.25×): $45K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Bank OZK · Lender record →

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Mike's Music & Sound, Inc. in Fond Du Lac, WI — $264K (2020) · purchase · National Exchange Bank and Trust

Program: 7a General
Rate at approval: 6.75% variable
Term: 60 mo (5 yrs)
SBA guaranteed: $198K (75%)
Approval → funding: 38 days
Approved: 3/16/2020
First disbursed: 4/23/2020
Loan status: Paid in full (4/30/2025)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 23
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $293K
Est. down payment (10%): $29K
Est. cash at closing: $39K
Monthly payment: $5,187
Annual debt service: $62K
Cash flow needed (1.25×): $78K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by National Exchange Bank and Trust

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Lincoln Music LLC in Gig Harbor, WA — $215K (2020) · purchase · Heritage Bank

Program: Preferred Lenders Program
Rate at approval: 6% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $161K (75%)
Approval → funding: 43 days
Approved: 9/18/2020
First disbursed: 10/31/2020
Loan status: Paid in full (10/31/2025)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 20
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $239K
Est. down payment (10%): $24K
Est. cash at closing: $32K
Monthly payment: $2,387
Annual debt service: $29K
Cash flow needed (1.25×): $36K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Heritage Bank · Lender record →

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Rockin Strings LLC in Lawrenceville, GA — $180K (2020) · purchase · Renasant Bank

Program: Preferred Lenders Program
Rate at approval: 7.25% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $135K (75%)
Approval → funding: 21 days
Approved: 2/11/2020
First disbursed: 3/3/2020
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 2
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $200K
Est. down payment (10%): $20K
Est. cash at closing: $27K
Monthly payment: $2,111
Annual debt service: $25K
Cash flow needed (1.25×): $32K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Renasant Bank · Lender record →

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Antonio Strad Violin,LLC in San Antonio, TX — $150K (2020) · purchase · Live Oak Banking Company

Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Rate at approval: 5.15% variable
Term: 85 months
SBA guaranteed: $75K (50%)
Approval → funding: 33 days
Approved: 4/28/2020
First disbursed: 5/31/2020
Loan status: Paid in full (2/28/2025)
Loan type: Revolving line
Collateral: Required
Business type: Corporation
Jobs supported: 12
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $167K
Est. down payment (10%): $17K
Est. cash at closing: $21K
Monthly payment: $2,110
Annual debt service: $25K
Cash flow needed (1.25×): $32K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Live Oak Banking Company · Lender record →

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Lincoln Music LLC in Gig Harbor, WA — $25K (2020) · purchase · Heritage Bank

Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Rate at approval: 6% variable
Term: 96 mo (8 yrs)
SBA guaranteed: $13K (50%)
Approval → funding: 43 days
Approved: 9/18/2020
First disbursed: 10/31/2020
Loan status: Current
Loan type: Revolving line
Collateral: Required
Business type: Corporation
Jobs supported: 20
Business age: Change of Ownership
Industry: Musical Instrument and Supplies Stores

If you were the buyer here

Est. deal size: $28K
Est. down payment (10%): $3K
Est. cash at closing: $4K
Monthly payment: $329
Annual debt service: $4K
Cash flow needed (1.25×): $5K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Heritage Bank · Lender record →

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Financing a musical instrument and supplies stores acquisition

Most active in musical instrument and supplies stores

15+ funded musical instrument and supplies stores deals

Agent summary

Deal economics— what it takes to buy & finance musical instrument and supplies stores