Gzo Sheet Metal & Roofing, Inc
Gzo Sheet Metal & Roofing, Inc is a roofing contractor located in Basalt, CO, in the roofing contractors industry (NAICS 238160). It was financed with an SBA 7(a) loan for a change of ownership of $4,064,900, approved through Alpine Bank on June 5, 2024.
SBA 7(a) loan, change of ownership, approved Jun 5, 2024
$4,064,900 approvedLender: Alpine Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,064,900
- SBA-guaranteed amount
- $3,048,675 (75% of the approval)
- Lender
- Alpine Bank, Glenwood Springs, CO
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- June 5, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $50,399 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 238160, Roofing Contractors
- Project location
- Eagle County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 90% of acquisition loans in Roofing Contractors on this site.
- Average acquisition loan in Roofing Contractors: $1,899,751.
- Average acquisition loan in Colorado: $1,608,658.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Colorado
- Pacific Crest Exteriors, Inc., Castle Pines
- Pinnacle Roofing Associates, Castle Rock