Flying B Rental LLC
Flying B Rental LLC is a general rental center in El Dorado, Arkansas, in the General Rental Centers industry (NAICS 532310). The company was financed with an SBA 7(a) loan for a change of ownership of $975,000, approved by Southern Bancorp Bank on March 26, 2025.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
$975,000 approvedLender: Southern Bancorp Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $975,000
- SBA-guaranteed amount
- $731,250 (75% of the approval)
- Lender
- Southern Bancorp Bank, Arkadelphia, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,701 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 532310, General Rental Centers
- Project location
- Union County, AR
- SBA district office
- Arkansas District Office
- Congressional district
- AR-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in General Rental Centers: $1,770,300.
- Average acquisition loan in Arkansas: $2,003,702.
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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