Allied Equipment, LLC
Allied Equipment, LLC, located in Hartland, Maine, operates in the industrial machinery and equipment merchant wholesalers industry (NAICS 423830). The business was financed with an SBA 7(a) loan for a change of ownership of $3.275 million, approved on June 23, 2026 by Port 51 Lending LLC.
SBA 7(a) loan, change of ownership, approved Jun 23, 2026
$3,275,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,275,000
- SBA-guaranteed amount
- $2,456,250 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $42,378 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 423830, Industrial Machinery and Equipment Merchant Wholesalers
- Project location
- Somerset County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% of acquisition loans in Industrial Machinery and Equipment Merchant Wholesalers on this site.
- Average acquisition loan in Industrial Machinery and Equipment Merchant Wholesalers: $2,384,497.
- 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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