STS Operations Holdings LLC
STS Operations Holdings LLC is located in Lexington, NC, and the SBA lists its industry as Truck Trailer Manufacturing. It was approved for an SBA 7(a) loan of $3,632,500 for a change of ownership on May 13, 2025.
SBA 7(a) loan, change of ownership, approved May 13, 2025
- Gross approval
- $3,632,500
- SBA-guaranteed amount
- $2,724,375 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- 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 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $48,508 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 336212, Truck Trailer Manufacturing
- Project location
- Davidson County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Truck Trailer Manufacturing: $3,389,875.
- Average acquisition loan in North Carolina: $1,952,444.
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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