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Denver Dirt Works, Inc.

Watkins, CO · Site Preparation Contractors · NAICS 238910

Denver Dirt Works, Inc. is a site preparation contractor in Watkins, CO (NAICS 238910, Site Preparation Contractors). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,855,100 approved by Sunflower Bank National Association on June 28, 2024.

SBA 7(a) loan, change of ownership, approved Jun 28, 2024

$1,855,100 approvedLender: Sunflower Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,855,100
SBA-guaranteed amount
$1,391,325 (75% of the approval)
Lender
Sunflower Bank National Association, Dallas, TX
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
June 28, 2034 (estimated, approval date plus term)
Estimated monthly payment
$23,500 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 19, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
238910, Site Preparation Contractors
Project location
Adams County, CO
SBA district office
Colorado District Office
Congressional district
CO-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 66% of acquisition loans in Site Preparation Contractors on this site.
  • Average acquisition loan in Site Preparation Contractors: $1,877,202.
  • Average acquisition loan in Colorado: $1,608,658.

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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