Chattanooga Environmental Laboratory LLC
Chattanooga Environmental Laboratory LLC is a business in Chattanooga, Tennessee, in the testing laboratories and services industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2,391,000, approved by Pinnacle Bank with an approval date of September 15, 2026.
SBA 7(a) loan, change of ownership, approved Sep 15, 2026
$2,391,000 approvedLender: Pinnacle Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,391,000
- SBA-guaranteed amount
- $1,793,250 (75% of the approval)
- Lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 15, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $30,288 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541380, Testing Laboratories and Services
- Project location
- Hamilton County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in Testing Laboratories and Services on this site.
- Average acquisition loan in Testing Laboratories and Services: $2,246,192.
- Average acquisition loan in Tennessee: $1,738,925.
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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