Andy's Glass & Window Company
Andy's Glass & Window Company is a glass and glazing contractor located in Murrieta, California, classified under NAICS code 238150. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $2.6 million approved on July 2, 2024, through the lender Lendistry SBLC, LLC. The loan was reported with 30 jobs.
SBA 7(a) loan, change of ownership, approved Jul 2, 2024
$2,600,000 approvedLender: Lendistry SBLC, LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,600,000
- SBA-guaranteed amount
- $1,950,000 (75% of the approval)
- Lender
- Lendistry SBLC, LLC, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 2, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $36,555 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 19, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 238150, Glass and Glazing Contractors
- Project location
- Riverside County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-42
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 62% 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 California: $1,688,228.
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 California
- Fenestra Frater, Commerce
- Insight Glass, Benicia