Partnered search involving an SBA loan

by a searcher from Harvard University

1 year ago

Hi everyone - a partner and I are structuring a search and are looking to talk to someone that has acquired a company with a partner and used an SBA loan. Would love to discuss how equity was structured, among other topics. 

1 like
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7 comments

searcher from Northwestern University - Kellogg School of Management

Same boat here, best of luck.

1 year ago | like reply | 0 likes

searcher from Harvard University - Harvard Business School

If you both sign the PG, you are both guaranteeing the full amount of SBA debt (not the 50% you might expect). So if you want to go out and do another deal, the amount of dry powder you'll have will be but in half.

1 year ago | like reply | 1 like

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