Legacy FLG, LLC
Legacy FLG, LLC is located in Mableton, GA, and the SBA lists its industry as Other Building Finishing Contractors. It was approved for an SBA 7(a) loan of $2,199,000 for a change of ownership on March 25, 2025.
SBA 7(a) loan, change of ownership, approved Mar 25, 2025
- Gross approval
- $2,199,000
- SBA-guaranteed amount
- $1,649,250 (75% of the approval)
- Lender
- T Bank, National Association, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $28,756 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238390, Other Building Finishing Contractors
- Project location
- Cobb County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Other Building Finishing Contractors on this site.
- Average acquisition loan in Other Building Finishing Contractors: $1,603,650.
- 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.
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