Energy Smart Home Improvements LLC
Energy Smart Home Improvements LLC is a specialty trade contractor in Carlisle, Pennsylvania, classified under All Other Specialty Trade Contractors. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $500,000, approved on July 26, 2024 by lender Banesco USA.
SBA 7(a) loan, change of ownership, approved Jul 26, 2024
$500,000 approvedLender: Banesco USA10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Banesco USA, Miami, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,030 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Cumberland County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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