Main Street Registry

Mr. Handyman

Mountain Brk, AL · All Other Specialty Trade Contractors · NAICS 238990

Mr. Handyman, located in Mountain Brk, Alabama, operates in the All Other Specialty Trade Contractors industry (NAICS 238990) and is listed as a Mr. Handyman franchise. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $730,000, with a 120-month term, approved through lender VelocitySBA, LLC with an approval date of September 2, 2026.

SBA 7(a) loan, change of ownership, approved Sep 2, 2026

$730,000 approvedLender: VelocitySBA, LLC10 years termCommitted, not fully disbursedLoan details
Gross approval
$730,000
SBA-guaranteed amount
$547,500 (75% of the approval)
Lender
VelocitySBA, LLC, Irving, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
September 2, 2036 (estimated, approval date plus term)
Estimated monthly payment
$9,346 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
16
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Franchise
Mr. Handyman
Project location
Jefferson County, AL
SBA district office
Alabama District Office
Congressional district
AL-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 21% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Alabama