SCL Exteriors LLC
SCL Exteriors LLC is an All Other Specialty Trade Contractors business (NAICS 238990) located in Knoxville, TN. The company was financed with an SBA 7(a) loan for a change of ownership, approved on September 19, 2024, in the amount of $1,495,000 through Pinnacle Bank.
SBA 7(a) loan, change of ownership, approved Sep 19, 2024
$1,495,000 approvedLender: Pinnacle Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,495,000
- SBA-guaranteed amount
- $1,121,250 (75% of the approval)
- Lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 19, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $19,964 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Knox County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 49% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- Average acquisition loan in Tennessee: $1,738,925.
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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