Hess' Property Services, LLC
Hess' Property Services, LLC is located in Enfield, NH, and the SBA lists its industry as Landscaping Services. It was approved for an SBA 7(a) loan of $1,400,000 for a change of ownership on October 30, 2024.
SBA 7(a) loan, change of ownership, approved Oct 30, 2024
- Gross approval
- $1,400,000
- SBA-guaranteed amount
- $1,050,000 (75% of the approval)
- Lender
- Claremont Savings Bank, Claremont, NH
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8%, fixed
- Term
- 7 years (84 months)
- Estimated maturity
- October 30, 2031 (estimated, approval date plus term)
- Estimated monthly payment
- $21,821 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Grafton County, NH
- SBA district office
- New Hampshire District Office
- Congressional district
- NH-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in New Hampshire: $1,811,437.
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 New Hampshire
- Marjack Co 4 LLC, Barrington
- BST Ownership Group, LLC, Hooksett
- J&JK Properties LLC, Londonderry