Full Service Glass LLC
Full Service Glass LLC, located in Boise, Idaho, operates in the automotive glass replacement shops industry (NAICS 811122). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1.5 million, approved on March 29, 2024 by GBank. The loan was reported with 15 jobs.
SBA 7(a) loan, change of ownership, approved Mar 29, 2024
$1,500,000 approvedLender: GBank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,500,000
- SBA-guaranteed amount
- $1,125,000 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 29, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $20,663 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 811122, Automotive Glass Replacement Shops
- Project location
- Ada County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in Automotive Glass Replacement Shops on this site.
- Average acquisition loan in Automotive Glass Replacement Shops: $1,116,585.
- Average acquisition loan in Idaho: $1,527,113.
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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