DMB Acquisitions, LLC
DMB Acquisitions, LLC is located in Englewood, CO, and the SBA lists its industry as Janitorial Services. It was approved for an SBA 7(a) loan of $900,000 for a change of ownership on September 25, 2024.
SBA 7(a) loan, change of ownership, approved Sep 25, 2024
- Gross approval
- $900,000
- SBA-guaranteed amount
- $675,000 (75% of the approval)
- Lender
- Glacier Bank, Kalispell, MT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.95%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- September 25, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,896 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
- 62
- Business type
- Corporation
- NAICS
- 561720, Janitorial Services
- Franchise
- Coit Cleaning and Restoration
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 59% of acquisition loans in Janitorial Services on this site.
- Average acquisition loan in Janitorial Services: $1,070,529.
- 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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