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Apollo Solar Energy LLC.

Denver, CO · Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210

Apollo Solar Energy LLC. is located in Denver, CO, and the SBA lists its industry as Electrical Contractors and Other Wiring Installation Contractors. It was approved for an SBA 7(a) loan of $2,993,900 for a change of ownership on December 3, 2024.

SBA 7(a) loan, change of ownership, approved Dec 3, 2024

Gross approval
$2,993,900
SBA-guaranteed amount
$2,245,425 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.5%, fixed
Term
10 years (120 months)
Estimated maturity
December 3, 2034 (estimated, approval date plus term)
Estimated monthly payment
$33,995 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 9, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
21
Business type
Corporation
NAICS
238210, Electrical Contractors and Other Wiring Installation Contractors
Project location
Adams County, CO
SBA district office
Colorado District Office
Congressional district
CO-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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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Same industry in Colorado