SafetyNet IT LLC
SafetyNet IT LLC, located in Lexington, Kentucky, operates in computer facilities management services (NAICS 541513). The company was financed with an SBA 7(a) loan for a change of ownership of $3.67 million, approved on May 15, 2025 by First Internet Bank of Indiana, with a 10-year term.
SBA 7(a) loan, change of ownership, approved May 15, 2025
$3,670,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,670,000
- SBA-guaranteed amount
- $2,752,500 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $49,009 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541513, Computer Facilities Management Services
- Project location
- Fayette County, KY
- SBA district office
- San Antonio District Office
- Congressional district
- KY-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 91% 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 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.
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