F. W. Clemens Company
F. W. Clemens Company is located in Saint Louis, MO, and the SBA lists its industry as Other Construction Material Merchant Wholesalers. It was approved for an SBA 7(a) loan of $690,000 for a change of ownership on May 22, 2026.
SBA 7(a) loan, change of ownership, approved May 22, 2026
- Gross approval
- $690,000
- SBA-guaranteed amount
- $517,500 (75% of the approval)
- Lender
- Midwest BankCentre, Saint Louis, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 22, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $5,556 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 423390, Other Construction Material Merchant Wholesalers
- Project location
- Saint Louis City County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 17% of acquisition loans in Other Construction Material Merchant Wholesalers on this site.
- Average acquisition loan in Other Construction Material Merchant Wholesalers: $2,239,433.
- Average acquisition loan in Missouri: $1,584,414.
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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Same industry in Missouri
- DTM Real Estate, LLC, Bridgeton