Design Finishes LLC
Design Finishes LLC is located in Carrollton, TX, and the SBA lists its industry as Other Building Material Dealers. It was approved for an SBA 7(a) loan of $750,500 for a change of ownership on April 30, 2025.
SBA 7(a) loan, change of ownership, approved Apr 30, 2025
- Gross approval
- $750,500
- SBA-guaranteed amount
- $562,875 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,909 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 444180, Other Building Material Dealers
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-24
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 16% of acquisition loans in Other Building Material Dealers on this site.
- Average acquisition loan in Other Building Material Dealers: $1,898,107.
- Average acquisition loan in Texas: $1,944,682.
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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