Fayetteville Contractors, Inc.
Fayetteville Contractors, Inc. is a business in Fayetteville, PA, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership, approved on January 14, 2025, in the amount of $5 million through Beacon Bank and Trust.
SBA 7(a) loan, change of ownership, approved Jan 14, 2025
$5,000,000 approvedLender: Beacon Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 14, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $46,319 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 56
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Franklin County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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