US Lawns of Louisville
US Lawns of Louisville is a landscaping services business in Louisville, Kentucky, classified under NAICS 561730. It was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,030,000 approved by Beacon Bank and Trust on February 27, 2025.
SBA 7(a) loan, change of ownership, approved Feb 27, 2025
$1,030,000 approvedLender: Beacon Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,030,000
- SBA-guaranteed amount
- $772,500 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,469 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 6, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Franchise
- U.S. Lawns
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 42% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in Kentucky: $1,988,993.
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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