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Tom's Metal Specialists Inc

San Francisco, CA · All Other Specialty Trade Contractors · NAICS 238990

Tom's Metal Specialists Inc is a business located in San Francisco, CA, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,925,000, approved on January 28, 2025, by Pathward National Association.

SBA 7(a) loan, change of ownership, approved Jan 28, 2025

$2,925,000 approvedLender: Pathward National Association105 months termStatus not reported (SBA exemption)Loan details
Gross approval
$2,925,000
SBA-guaranteed amount
$2,193,750 (75% of the approval)
Lender
Pathward National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
8 years, 9 months (105 months)
Estimated maturity
October 28, 2033 (estimated, approval date plus term)
Estimated monthly payment
$41,516 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
San Francisco County, CA
SBA district office
San Francisco District Office
Congressional district
CA-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 79% 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 California: $1,688,228.

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 California