Paragon Fire Protection,LLC
Paragon Fire Protection,LLC is located in Dallas, TX, and the SBA lists its industry as Other Building Equipment Contractors. It was approved for an SBA 7(a) loan of $1,992,000 for a change of ownership on September 18, 2024.
SBA 7(a) loan, change of ownership, approved Sep 18, 2024
- Gross approval
- $1,992,000
- SBA-guaranteed amount
- $1,494,000 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 18, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $24,168 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Individual
- NAICS
- 238290, Other Building Equipment Contractors
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 61% of acquisition loans in Other Building Equipment Contractors on this site.
- Average acquisition loan in Other Building Equipment Contractors: $1,823,087.
- 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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Same industry in Texas
- Anchor Industrial Group, LLC, Fort Worth
- 6F Realty LLC, Arlington