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PG Glass Phantom Holdings LLC

Osseo, MN · Glass and Glazing Contractors · NAICS 238150

PG Glass Phantom Holdings LLC is located in Osseo, Minnesota, and operates in the glass and glazing contractors industry (NAICS 238150). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $637,000 from Old National Bank, approved on February 24, 2025.

SBA 7(a) loan, change of ownership, approved Feb 24, 2025

$637,000 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$637,000
SBA-guaranteed amount
$477,750 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.78%, fixed
Term
10 years (120 months)
Estimated maturity
February 24, 2035 (estimated, approval date plus term)
Estimated monthly payment
$7,655 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
238150, Glass and Glazing Contractors
Project location
Hennepin County, MN
SBA district office
Minnesota District Office
Congressional district
MN-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 12% 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 Minnesota: $1,482,119.

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 Minnesota