ECS Real Estate - 31 Kingsbury Ave LLC
ECS Real Estate - 31 Kingsbury Ave LLC is located in Tolland, CT, in the services for the elderly and persons with disabilities industry (NAICS 624120). The company was financed with an SBA 7(a) loan for a change of ownership of $1,385,000, approved on July 21, 2025 by FDIC - Community Bank & Trust-West Georgia.
SBA 7(a) loan, change of ownership, approved Jul 21, 2025
$1,385,000 approvedLender: FDIC - Community Bank & Trust-West Georgia16 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,385,000
- SBA-guaranteed amount
- $1,038,750 (75% of the approval)
- Lender
- FDIC - Community Bank & Trust-West Georgia, LaGrange, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 16 years (192 months)
- Estimated maturity
- July 21, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $14,486 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 53
- Business type
- Corporation
- NAICS
- 624120, Services for the Elderly and Persons with Disabilities
- Project location
- Capitol County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 56% of acquisition loans in Services for the Elderly and Persons with Disabilities on this site.
- Average acquisition loan in Services for the Elderly and Persons with Disabilities: $1,718,785.
- Average acquisition loan in Connecticut: $1,992,959.
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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