A. M. Hebert Real Estate LLC
A. M. Hebert Real Estate LLC is a business in Buxton, Maine, in the pet care (except veterinary) services industry. The company was financed with an SBA 7(a) loan for a change of ownership of $680,000, approved on December 10, 2024 by Bangor Savings Bank.
SBA 7(a) loan, change of ownership, approved Dec 10, 2024
$680,000 approvedLender: Bangor Savings Bank20 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $680,000
- SBA-guaranteed amount
- $510,000 (75% of the approval)
- Lender
- Bangor Savings Bank, Bangor, ME
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, fixed
- Term
- 20 years (240 months)
- Estimated maturity
- December 10, 2044 (estimated, approval date plus term)
- Estimated monthly payment
- $5,582 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 812910, Pet Care (except Veterinary) Services
- Project location
- York County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Pet Care (except Veterinary) Services on this site.
- Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
- Average acquisition loan in Maine: $1,448,582.
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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