Russell L. O'brien, Psc
Russell L. O'brien, Psc is an offices of lawyers business located in Louisville, KY, classified under NAICS code 541110. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,551,300, approved on July 16, 2024 by Stock Yards Bank & Trust Company.
SBA 7(a) loan, change of ownership, approved Jul 16, 2024
$1,551,300 approvedLender: Stock Yards Bank & Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,551,300
- SBA-guaranteed amount
- $1,163,475 (75% of the approval)
- Lender
- Stock Yards Bank & Trust Company, Louisville, KY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $18,414 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 28, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 541110, Offices of Lawyers
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 58% of acquisition loans in Offices of Lawyers on this site.
- Average acquisition loan in Offices of Lawyers: $1,606,779.
- Average acquisition loan in Kentucky: $1,988,993.
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.