Main Street Registry

Max's Power and Lawn

Reeds Spring, MO · Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310

Max's Power and Lawn, located in Reeds Spring, Missouri, operates in commercial and industrial machinery and equipment repair and maintenance (except automotive and electronic). The business was financed with an SBA 7(a) loan for a change of ownership of $1,027,000 from St. Louis Bank, with approval dated April 25, 2025.

SBA 7(a) loan, change of ownership, approved Apr 25, 2025

Gross approval
$1,027,000
SBA-guaranteed amount
$770,250 (75% of the approval)
Lender
St. Louis Bank, St. Louis, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
25 years (300 months)
Estimated maturity
April 25, 2050 (estimated, approval date plus term)
Estimated monthly payment
$9,152 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 7, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Project location
Stone County, MO
SBA district office
Kansas City District Office
Congressional district
MO-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Missouri