Mission Critical Services, Inc.
Mission Critical Services, Inc. is a computer facilities management services business located in Hayesville, NC, in the NAICS category for computer facilities management services. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,732,000, approved on March 20, 2024, through First-Citizens Bank & Trust Company.
SBA 7(a) loan, change of ownership, approved Mar 20, 2024
$1,732,000 approvedLender: First-Citizens Bank & Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,732,000
- SBA-guaranteed amount
- $1,299,000 (75% of the approval)
- Lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.55%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- March 20, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $21,521 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 541513, Computer Facilities Management Services
- Project location
- Clay County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Computer Facilities Management Services on this site.
- Average acquisition loan in Computer Facilities Management Services: $1,491,100.
- Average acquisition loan in North Carolina: $1,952,444.
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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