Hayes Holding Solutions LLC
Hayes Holding Solutions LLC is a site preparation contractor based in Hyattsville, Maryland, classified under NAICS code 238910. The company was approved for an SBA 504 loan of $1,327,000 for real estate or equipment, with a total project amount of $1,850,000, dated December 27, 2024, through Bank of America, N.A. and Business Finance Group, Inc.
SBA 504 loan, approved Dec 27, 2024
$1,327,000 SBA portionCDC: Business Finance Group, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,327,000
- Bank portion
- $1,850,000
- Estimated project size
- $3,530,000 (estimated)
- Estimated owner equity
- $353,000 (estimated, about 10% of the project)
- Bank lender
- Bank of America, N.A., Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 27, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 52
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Prince Georges County, MD
- SBA district office
- Washington District Office
- Congressional district
- MD-4
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 27% of expansion loans in Site Preparation Contractors on this site.
- Average expansion loan in Site Preparation Contractors: $1,883,067.
- Average expansion loan in Maryland: $2,350,795.
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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