Aag Tn, LLC
Aag Tn, LLC is located in Hendersonville, TN, and the SBA lists its industry as Glass and Glazing Contractors. It was approved for an SBA 7(a) loan of $827,000 for a change of ownership on May 22, 2025.
SBA 7(a) loan, change of ownership, approved May 22, 2025
- Gross approval
- $827,000
- SBA-guaranteed amount
- $620,250 (75% of the approval)
- Lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,588 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 238150, Glass and Glazing Contractors
- Project location
- Sumner County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 20% of acquisition loans in Glass and Glazing Contractors on this site.
- Average acquisition loan in Glass and Glazing Contractors: $2,029,425.
- Average acquisition loan in Tennessee: $1,738,925.
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 Tennessee
- Ibis Glass Holdings, LLC, Franklin
- Newman Brothers Capital Corporation, Clarksville