Experience with SBA 7a + Pari Passu loan?

May 05, 2025
by a searcher from University of Texas at Austin in Texas, USA
I'm looking at a business with purchase price between $5-10M. Has anyone used a 7a loan along with a "Pari Pasu" loan to cover the amount greater than the 7a max and equity invested? If so, were the rate, term, amortization of the Pari Passu similar or the same as the 7a loan? TIA.
in Longwood, FL 32750, USA
in Falmouth, MA, USA