Alfano Pest Solutions LLC
Alfano Pest Solutions LLC is an exterminating and pest control services business located in North Tonawanda, New York, and is a Mosquito Joe franchise. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,835,000, provided by Live Oak Banking Company, with a loan approval date of March 7, 2025. The loan carries a 120-month term.
SBA 7(a) loan, change of ownership, approved Mar 7, 2025
$1,835,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,835,000
- SBA-guaranteed amount
- $1,376,250 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 7, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $22,997 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 561710, Exterminating and Pest Control Services
- Franchise
- Mosquito Joe
- Project location
- Niagara County, NY
- SBA district office
- Buffalo District Office
- Congressional district
- NY-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Exterminating and Pest Control Services on this site.
- Average acquisition loan in Exterminating and Pest Control Services: $1,381,596.
- 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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