Adams Fine Cabinetry, Inc.
Adams Fine Cabinetry, Inc., located in Lakewood, Colorado, operates in the Other Building Finishing Contractors industry. The company was financed with an SBA 7(a) loan for a change of ownership of $2,426,300, approved by T Bank, National Association on December 2, 2024.
SBA 7(a) loan, change of ownership, approved Dec 2, 2024
$2,426,300 approvedLender: T Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,426,300
- SBA-guaranteed amount
- $1,819,725 (75% of the approval)
- Lender
- T Bank, National Association, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- December 2, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $21,622 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 238390, Other Building Finishing Contractors
- Project location
- Jefferson County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 80% of acquisition loans in Other Building Finishing Contractors on this site.
- Average acquisition loan in Other Building Finishing Contractors: $1,603,650.
- Average acquisition loan in Colorado: $1,608,658.
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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