WNY Green Buffalo Lawn Care LLC
WNY Green Buffalo Lawn Care LLC is a business in Buffalo, New York, classified under the industry All Other Personal Services (NAICS 812990). The company was financed with an SBA 7(a) loan for a change of ownership of $700,000, approved by The Huntington National Bank on November 12, 2024.
SBA 7(a) loan, change of ownership, approved Nov 12, 2024
$700,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $700,000
- SBA-guaranteed amount
- $525,000 (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
- November 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,348 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 27, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 812990, All Other Personal Services
- Project location
- Erie County, NY
- SBA district office
- Buffalo District Office
- Congressional district
- NY-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 20% of acquisition loans in All Other Personal Services on this site.
- Average acquisition loan in All Other Personal Services: $1,504,156.
- Average acquisition loan in New York: $1,771,512.
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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