Sunrise Premiere Pool Builders, LLC
Sunrise Premiere Pool Builders, LLC is an all other specialty trade contractor in Arnold, Maryland, in the industry described as all other specialty trade contractors. The company was financed with an SBA 7(a) loan for a change of ownership of $1,398,800, approved on October 10, 2023, by 22nd State Bank, A Division of 22nd State Banking Company.
SBA 7(a) loan, change of ownership, approved Oct 10, 2023
$1,398,800 approvedLender: 22nd State Bank, A Division of 22nd State Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,398,800
- SBA-guaranteed amount
- $1,049,100 (75% of the approval)
- Lender
- 22nd State Bank, A Division of 22nd State Banking Company, Mobile, AL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 10, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $19,467 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 22, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Anne Arundel County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 45% 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 Maryland: $1,627,337.
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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