Main Street Registry

R.P. Bender Service Company LLC

Havelock, NC · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

R.P. Bender Service Company LLC is located in Havelock, NC, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 7(a) loan of $850,000 for a change of ownership on May 23, 2024.

SBA 7(a) loan, change of ownership, approved May 23, 2024

Gross approval
$850,000
SBA-guaranteed amount
$637,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
May 23, 2034 (estimated, approval date plus term)
Estimated monthly payment
$11,115 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Craven County, NC
SBA district office
North Carolina District Office
Congressional district
NC-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in North Carolina