Fly Holdings, LLC
Fly Holdings, LLC is located in Waxhaw, NC, and the SBA lists its industry as Custom Computer Programming Services. It was approved for an SBA 7(a) loan of $4,550,000 for a change of ownership on March 11, 2025.
SBA 7(a) loan, change of ownership, approved Mar 11, 2025
- Gross approval
- $4,550,000
- SBA-guaranteed amount
- $4,095,000 (90% of the approval)
- Lender
- Meridian Bank, Malvern, PA
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $58,876 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 541511, Custom Computer Programming Services
- Project location
- Union County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Custom Computer Programming Services on this site.
- Average acquisition loan in Custom Computer Programming Services: $2,304,588.
- 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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