US Best Building Solutions, LLC
US Best Building Solutions, LLC is a lumber, plywood, millwork, and wood panel merchant wholesaler in Jonesboro, Arkansas. The company was financed with an SBA 7(a) loan for a change of ownership of $3,278,000, approved on May 19, 2025, by Midwest BankCentre.
SBA 7(a) loan, change of ownership, approved May 19, 2025
$3,278,000 approvedLender: Midwest BankCentre18 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,278,000
- SBA-guaranteed amount
- $2,458,500 (75% of the approval)
- Lender
- Midwest BankCentre, Saint Louis, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 18 years (216 months)
- Estimated maturity
- May 19, 2043 (estimated, approval date plus term)
- Estimated monthly payment
- $31,728 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 423310, Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
- Project location
- Craighead County, AR
- SBA district office
- Arkansas District Office
- Congressional district
- AR-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 81% of acquisition loans in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers on this site.
- Average acquisition loan in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers: $2,071,088.
- Average acquisition loan in Arkansas: $2,003,702.
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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