Patchett Holdings LLC
Patchett Holdings LLC is located in Mountain Grove, MO, and the SBA lists its industry as Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers. It was approved for an SBA 7(a) loan of $1,961,000 for a change of ownership on July 2, 2026.
SBA 7(a) loan, change of ownership, approved Jul 2, 2026
- Gross approval
- $1,961,000
- SBA-guaranteed amount
- $1,470,750 (75% of the approval)
- Lender
- HomePride Bank, Mansfield, MO
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 16 years (192 months)
- Estimated maturity
- July 2, 2042 (estimated, approval date plus term)
- Estimated monthly payment
- $19,904 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 423720, Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers
- Project location
- Wright County, MO
- SBA district office
- Kansas City District Office
- Congressional district
- MO-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers: $2,498,400.
- Average acquisition loan in Missouri: $1,584,414.
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
- MRM, Inc., Belton