Main Street Registry

Barr Pioneer Glass LLC

Whitinsville, MA · All Other Specialty Trade Contractors · NAICS 238990

Barr Pioneer Glass LLC is a business in Whitinsville, Massachusetts, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $950,000, approved on December 18, 2024 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Dec 18, 2024

$950,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$950,000
SBA-guaranteed amount
$712,500 (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
9.75%, variable
Term
10 years (120 months)
Estimated maturity
December 18, 2034 (estimated, approval date plus term)
Estimated monthly payment
$12,423 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Worcester County, MA
SBA district office
Massachusetts District Office
Congressional district
MA-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 31% 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 Massachusetts: $1,643,977.

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 Massachusetts