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Affordable Radon Solutions LLC

Englewood, CO · All Other Specialty Trade Contractors · NAICS 238990

Affordable Radon Solutions LLC is a business located in Englewood, Colorado, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $1,477,800, approved on September 24, 2024, through The Huntington National Bank. The SBA loan record lists 18 jobs.

SBA 7(a) loan, change of ownership, approved Sep 24, 2024

$1,477,800 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,477,800
SBA-guaranteed amount
$1,108,350 (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
8.95%, fixed
Term
10 years (120 months)
Estimated maturity
September 24, 2034 (estimated, approval date plus term)
Estimated monthly payment
$18,680 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Arapahoe County, CO
SBA district office
Colorado District Office
Congressional district
CO-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 48% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado