D & B Metal Roofing Supply Inc.
D & B Metal Roofing Supply Inc. is a sheet metal work manufacturing business in Anniston, Alabama, classified under NAICS 332322. It was financed with an SBA 7(a) loan for a change of ownership of $1,000,000, approved on March 1, 2024 by Beacon Bank and Trust, with 14 jobs reported.
SBA 7(a) loan, change of ownership, approved Mar 1, 2024
$1,000,000 approvedLender: Beacon Bank and Trust10 years termPaid in fullLoan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 1, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $13,775 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 8, 2024
- Loan status
- Paid in full
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 332322, Sheet Metal Work Manufacturing
- Project location
- Calhoun County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Sheet Metal Work Manufacturing on this site.
- Average acquisition loan in Sheet Metal Work Manufacturing: $2,341,409.
- Average acquisition loan in Alabama: $1,764,717.
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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