Savannah Cleaning Systems, Inc.
Savannah Cleaning Systems, Inc. is located in Savannah, GA, and the SBA lists its industry as Outdoor Power Equipment Retailers. It was approved for an SBA 7(a) loan of $1,125,000 for a change of ownership on July 11, 2025.
SBA 7(a) loan, change of ownership, approved Jul 11, 2025
- Gross approval
- $1,125,000
- SBA-guaranteed amount
- $843,750 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,023 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 444230, Outdoor Power Equipment Retailers
- Project location
- Chatham County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in Outdoor Power Equipment Retailers on this site.
- Average acquisition loan in Outdoor Power Equipment Retailers: $1,637,484.
- Average acquisition loan in Georgia: $2,017,638.
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 Georgia
- Parker Sales & Service, LLC, Dallas
- Tait Holdings LLC, Brunswick
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