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Hilgartner Natural Stone Compa

Baltimore, MD · All Other Specialty Trade Contractors · NAICS 238990

Hilgartner Natural Stone Compa is located in Baltimore, MD, and the SBA lists its industry as All Other Specialty Trade Contractors. It was approved for an SBA 7(a) loan of $1,450,000 for a change of ownership on April 5, 2024.

SBA 7(a) loan, change of ownership, approved Apr 5, 2024

Gross approval
$1,450,000
SBA-guaranteed amount
$1,087,500 (75% of the approval)
Lender
Firstrust Savings Bank, Conshohocken, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
25 years (300 months)
Estimated maturity
April 5, 2049 (estimated, approval date plus term)
Estimated monthly payment
$14,212 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Baltimore City County, MD
SBA district office
Baltimore District Office
Congressional district
MD-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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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Same industry in Maryland