JLS Landscape & Sprinkler, Inc.
JLS Landscape & Sprinkler, Inc. is a landscape architectural services business in Sedalia, CO, in the NAICS 541320 industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,605,500, approved on June 25, 2024 by Beacon Bank and Trust.
SBA 7(a) loan, change of ownership, approved Jun 25, 2024
$1,605,500 approvedLender: Beacon Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,605,500
- SBA-guaranteed amount
- $1,204,125 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 25, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $15,736 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 4, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 541320, Landscape Architectural Services
- Project location
- Douglas County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 29% of acquisition loans in Landscape Architectural Services on this site.
- Average acquisition loan in Landscape Architectural Services: $2,243,276.
- 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.
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Same industry in Colorado
- Brooks Landscape, Denver
- Ml Trinity, LLC, Colorado Springs