Altus Property Solutions LLC
Altus Property Solutions LLC is located in Waukesha, WI, and the SBA lists its industry as All Other Specialty Trade Contractors. It was approved for an SBA 7(a) loan of $672,000 for a change of ownership on November 24, 2025.
SBA 7(a) loan, change of ownership, approved Nov 24, 2025
- Gross approval
- $672,000
- SBA-guaranteed amount
- $504,000 (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
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,513 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 9, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Franchise
- Mr. Handyman
- Project location
- Waukesha County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 17% 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 Wisconsin: $1,729,230.
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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