Davis Dock and Door of North Alabama, LLC
Davis Dock and Door of North Alabama, LLC is an All Other Specialty Trade Contractors business located in Madison, AL. It was financed with an SBA 7(a) loan for a change of ownership of $4.5 million, approved on August 28, 2026, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Aug 28, 2026
$4,500,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $4,500,000
- SBA-guaranteed amount
- $3,375,000 (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
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $54,005 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Madison County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- Average acquisition loan in Alabama: $1,764,717.
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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