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Apex Fire Protection and Safety LLC

Cave Creek, AZ · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Apex Fire Protection and Safety LLC is a plumbing, heating, and air-conditioning contractor located in Cave Creek, Arizona. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,685,000, approved by Live Oak Banking Company on September 24, 2024.

SBA 7(a) loan, change of ownership, approved Sep 24, 2024

$2,685,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,685,000
SBA-guaranteed amount
$2,013,750 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
September 24, 2034 (estimated, approval date plus term)
Estimated monthly payment
$34,377 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 10, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 82% of acquisition loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
  • Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
  • Average acquisition loan in Arizona: $1,690,811.

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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