THERMISIGHT DYNAMICS LLC
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SBA 7(a) Loan Application · Read-Only
SBA 7(a) Loan Application Review
Thermisight Dynamics LLC · Veteran Owned & Operated
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Company Overview
Legal Entity
Thermisight Dynamics LLC
Status
Veteran Owned & Operated (U.S. Army)
Industry
Thermal Optics E-commerce & Distribution
Contact
jamesmcgee@thermisightdynamics.com · (503) 568-8124
Business Summary: Thermisight Dynamics LLC is a multi-brand e-commerce platform for thermal optics, serving hunters, law enforcement, military, and industrial customers across four domains: thermisightdynamics.com, thermisighthunters.com, thermisightindustrial.com, and thermisightdrone.com. The company operates as an authorized dealer for leading thermal optics manufacturers including Pulsar, AGM, iRay, N-Vision, RIX, Trijicon, and FLIR.
SBA 7(a) Loan Terms Summary
Loan Amount
$175,000
Lender
Navy Federal Credit Union (NFCU)
SBA Program
SBA 7(a)
Term
10 years (120 months)
Interest Rate
11.00% fixed
Monthly Payment
$2,411
Total Repayment
$289,275
Total Interest
$114,275
SBA Guaranty
75% ($131,250)
Primary Collateral: Life insurance policy (whole life or 10-year term), assigned to the lender via SBA Form 159. Carrier must hold an A.M. Best rating of A- or higher.
10-Year Repayment Schedule
| Year | Principal | Interest | Annual Total | Ending Balance |
|---|---|---|---|---|
| Year 1 | $10,181 | $18,747 | $28,928 | $164,819 |
| Year 2 | $11,359 | $17,569 | $28,928 | $153,461 |
| Year 3 | $12,673 | $16,254 | $28,927 | $140,788 |
| Year 4 | $14,140 | $14,788 | $28,928 | $126,648 |
| Year 5 | $15,776 | $13,152 | $28,928 | $110,872 |
| Year 6 | $17,601 | $11,326 | $28,927 | $93,271 |
| Year 7 | $19,638 | $9,289 | $28,927 | $73,632 |
| Year 8 | $21,911 | $7,017 | $28,928 | $51,721 |
| Year 9 | $24,446 | $4,481 | $28,927 | $27,275 |
| Year 10 | $27,275 | $1,652 | $28,927 | $0 |
| Total | $175,000 | $114,275 | $289,275 | — |
5-Year Financial Projections
| Line Item | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Revenue | $180,000 | $420,000 | $850,000 | $1,400,000 | $2,200,000 |
| COGS (70%) | $126,000 | $294,000 | $595,000 | $980,000 | $1,540,000 |
| Gross Profit | $54,000 | $126,000 | $255,000 | $420,000 | $660,000 |
| Operating Expenses | $45,000 | $85,000 | $145,000 | $210,000 | $310,000 |
| EBITDA | $9,000 | $41,000 | $110,000 | $210,000 | $350,000 |
| Annual Debt Service | $28,928 | $28,928 | $28,928 | $28,928 | $28,928 |
| Net Cash Flow | -$19,928 | $12,072 | $81,072 | $181,072 | $321,072 |
Debt Service Coverage Ratio (Year 2): 1.42x · Year 3: 3.80x · Year 5: 12.10x
Application Readiness
Early StageSBA Forms
Financial
Collateral
Business
Compliance
Status synced from the Loan Application Dashboard. Updated in real time as documents are tracked.
Required Documentation Package
Live status of each document in the SBA 7(a) application package. Missing items are highlighted in red for quick identification.
- SBA Form 1919 — Borrower Information Form
- Personal Financial Statement (SBA Form 413)
- Personal Guarantee (SBA Form 148)
- Collateral Assignment of Life Insurance (SBA Form 159)
- Business Debt Schedule (SBA Form 2202)
- Pro Forma Financial Statements (Years 1–5)
- Business Plan
- Bank Statements (Last 3 Months)
- Life Insurance Policy
- Insurance Carrier Verification Letter
- Carrier A.M. Best Rating Confirmation
- Articles of Organization / Operating Agreement
- EIN Confirmation Letter (IRS)
- Business Licenses & Permits
- Resume of Principal (James McGee)
- Proof of Veteran Status (DD-214)
- ID.me Verification Records
- Export Compliance Documentation (ITAR / EAR)
- Dealer Authorization Letters
- Insurance Certificates (GL & Product Liability)
SBA Forms
Financial
Collateral
Business
Compliance