Eagle Business Holdings LLC
Eagle Business Holdings LLC, located in Charlotte, North Carolina, operates in school and employee bus transportation (NAICS 485410). The company was financed with an SBA 7(a) loan for a change of ownership of $773,000, approved on February 5, 2025, through Truliant FCU.
SBA 7(a) loan, change of ownership, approved Feb 5, 2025
$773,000 approvedLender: Truliant FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $773,000
- SBA-guaranteed amount
- $579,750 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,323 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 41
- Business type
- Corporation
- NAICS
- 485410, School and Employee Bus Transportation
- Project location
- Mecklenburg County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-08
- Collateral
- No
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in School and Employee Bus Transportation: $2,276,750.
- Average acquisition loan in North Carolina: $1,952,444.
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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