Interior Doors & Custom Closets LLC
Interior Doors & Custom Closets LLC is a finish carpentry contractor in Alpharetta, GA, classified under NAICS code 238350. The company was financed with an SBA 7(a) loan for a change of ownership of $595,000, approved on July 1, 2024 through First Community Bank.
SBA 7(a) loan, change of ownership, approved Jul 1, 2024
$595,000 approvedLender: First Community Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $595,000
- SBA-guaranteed amount
- $446,250 (75% of the approval)
- Lender
- First Community Bank, Lexington, SC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 1, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $8,112 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 3, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 238350, Finish Carpentry Contractors
- Project location
- Forsyth County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 6% of acquisition loans in Finish Carpentry Contractors on this site.
- Average acquisition loan in Finish Carpentry Contractors: $1,618,816.
- Average acquisition loan in Georgia: $2,017,638.
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.