Dachser Holdings, Inc.
Dachser Holdings, Inc. of Auburn, MA operates in the floor covering retailers industry (NAICS 449121). The business was financed with an SBA 7(a) loan for a change of ownership of $1.15 million, approved on September 6, 2024 by TruNorth Bank.
SBA 7(a) loan, change of ownership, approved Sep 6, 2024
$1,150,000 approvedLender: TruNorth Bank7 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,150,000
- SBA-guaranteed amount
- $862,500 (75% of the approval)
- Lender
- TruNorth Bank, Easthampton, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, fixed
- Term
- 7 years (84 months)
- Estimated maturity
- September 6, 2031 (estimated, approval date plus term)
- Estimated monthly payment
- $18,502 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 27, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 449121, Floor Covering Retailers
- Project location
- Worcester County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in Floor Covering Retailers on this site.
- Average acquisition loan in Floor Covering Retailers: $2,205,596.
- 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
- Landry & Arcari Oriental Rugs and Carpeting, Inc., Beverly
- Sr Floors LLC, Tyngsboro