G5 Holdings, LLC
G5 Holdings, LLC is a business in Arnaudville, Louisiana, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,742,900, approved on April 9, 2024, by Home Bank, National Association.
SBA 7(a) loan, change of ownership, approved Apr 9, 2024
$1,742,900 approvedLender: Home Bank, National Association99 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,742,900
- SBA-guaranteed amount
- $1,307,175 (75% of the approval)
- Lender
- Home Bank, National Association, Lafayette, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 8 years, 3 months (99 months)
- Estimated maturity
- July 9, 2032 (estimated, approval date plus term)
- Estimated monthly payment
- $26,861 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 29, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Saint Landry County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 56% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- Average acquisition loan in Louisiana: $1,702,056.
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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