Paradise Commercial Glazing Inc.
Paradise Commercial Glazing Inc. is a glass and glazing contractor in Arlington, TX, in the Glass and Glazing Contractors industry (NAICS 238150). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,713,000, approved by First Merchants Bank on August 5, 2025.
SBA 7(a) loan, change of ownership, approved Aug 5, 2025
$2,713,000 approvedLender: First Merchants Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,713,000
- SBA-guaranteed amount
- $2,034,750 (75% of the approval)
- Lender
- First Merchants Bank, Indianapolis, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $35,478 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 238150, Glass and Glazing Contractors
- Project location
- Tarrant County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 70% of acquisition loans in Glass and Glazing Contractors on this site.
- Average acquisition loan in Glass and Glazing Contractors: $2,029,425.
- Average acquisition loan in Texas: $1,944,682.
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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