A H F Inc.
A H F Inc. is an other building equipment contractor located in Atlanta, Georgia, classified under NAICS code 238290. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2.95 million, approved on December 28, 2023, through First Internet Bank of Indiana, with a 120-month term and 11 jobs reported.
SBA 7(a) loan, change of ownership, approved Dec 28, 2023
$2,950,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,950,000
- SBA-guaranteed amount
- $2,212,500 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 28, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $40,636 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 9, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 238290, Other Building Equipment Contractors
- Project location
- Dekalb County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 78% of acquisition loans in Other Building Equipment Contractors on this site.
- Average acquisition loan in Other Building Equipment Contractors: $1,823,087.
- Average acquisition loan in Georgia: $2,017,638.
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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