M & S Contracting, LLC
M & S Contracting, LLC is located in Billingsley, AL, and the SBA lists its industry as Industrial Building Construction. It was approved for an SBA 7(a) loan of $790,000 for a change of ownership on June 24, 2025.
SBA 7(a) loan, change of ownership, approved Jun 24, 2025
- Gross approval
- $790,000
- SBA-guaranteed amount
- $592,500 (75% of the approval)
- Lender
- River Bank and Trust, Prattville, AL
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,440 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 236210, Industrial Building Construction
- Project location
- Autauga County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Industrial Building Construction: $1,659,200.
- Average acquisition loan in Alabama: $1,764,717.
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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