RP Asset Recovery, Inc.
RP Asset Recovery, Inc. is a business in Troy, Michigan, in the computer facilities management services industry (NAICS 541513). The company was financed with an SBA 7(a) loan for a change of ownership of $2.2 million, approved on August 11, 2026, by Fifth Third Bank, with a term of 120 months.
SBA 7(a) loan, change of ownership, approved Aug 11, 2026
$2,228,000 approvedLender: Fifth Third Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,228,000
- SBA-guaranteed amount
- $1,671,000 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 11, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $25,583 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 28, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 541513, Computer Facilities Management Services
- Project location
- Oakland County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 82% of acquisition loans in Computer Facilities Management Services on this site.
- Average acquisition loan in Computer Facilities Management Services: $1,491,100.
- Average acquisition loan in Michigan: $1,645,728.
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 Michigan
- ITPartners, LLC, Grand Rapids