Balkom Holdings LLC
Balkom Holdings LLC, located in Beaufort, SC, operates in the site preparation contractors industry (NAICS 238910). The company was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved on February 23, 2026, through First-Citizens Bank & Trust Company.
SBA 7(a) loan, change of ownership, approved Feb 23, 2026
$5,000,000 approvedLender: First-Citizens Bank & Trust Company202 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 16 years, 10 months (202 months)
- Estimated maturity
- December 23, 2042 (estimated, approval date plus term)
- Estimated monthly payment
- $50,468 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 9, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Beaufort County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% of acquisition loans in Site Preparation Contractors on this site.
- Average acquisition loan in Site Preparation Contractors: $1,877,202.
- Average acquisition loan in South Carolina: $1,827,509.
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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