Custom Tower Holdings, LLC
Custom Tower Holdings, LLC is located in Scott, LA, and the SBA lists its industry as Power and Communication Line and Related Structures Construction. It was approved for an SBA 7(a) loan of $4,000,000 for a change of ownership on December 17, 2024. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Dec 17, 2024
- Gross approval
- $4,000,000
- SBA-guaranteed amount
- $3,000,000 (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
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 17, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $49,594 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 31
- Business type
- Corporation
- NAICS
- 237130, Power and Communication Line and Related Structures Construction
- Project location
- Lafayette County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Power and Communication Line and Related Structures Construction: $2,201,680.
- Average acquisition loan in Louisiana: $1,702,056.
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.
SBA 7(a) loan, change of ownership, approved Dec 17, 2024
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 17, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,199 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 237130, Power and Communication Line and Related Structures Construction
- Project location
- Lafayette County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Power and Communication Line and Related Structures Construction: $2,201,680.
- Average acquisition loan in Louisiana: $1,702,056.
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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