Custom Theater & Audio
Custom Theater & Audio, located in Murrells Inlet, SC, operates in electrical contracting and other wiring installation contractors. The company was financed with an SBA 7(a) loan for a change of ownership of $755,000, approved on July 31, 2025, through Pinnacle Bank.
SBA 7(a) loan, change of ownership, approved Jul 31, 2025
$755,000 approvedLender: Pinnacle Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $755,000
- SBA-guaranteed amount
- $566,250 (75% of the approval)
- Lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 31, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,977 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Individual
- NAICS
- 238210, Electrical Contractors and Other Wiring Installation Contractors
- Project location
- Georgetown County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 15% of acquisition loans in Electrical Contractors and Other Wiring Installation Contractors on this site.
- Average acquisition loan in Electrical Contractors and Other Wiring Installation Contractors: $1,890,316.
- 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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