Integrated Glass Solutions LLC.
Integrated Glass Solutions LLC. is located in Norwalk, CT, and the SBA lists its industry as Glass and Glazing Contractors. It was approved for an SBA 7(a) loan of $2,457,000 for a change of ownership on November 19, 2024.
SBA 7(a) loan, change of ownership, approved Nov 19, 2024
- Gross approval
- $2,457,000
- SBA-guaranteed amount
- $1,842,750 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 19, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $33,498 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 10, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238150, Glass and Glazing Contractors
- Project location
- Western Ct County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in Glass and Glazing Contractors on this site.
- Average acquisition loan in Glass and Glazing Contractors: $2,029,425.
- Average acquisition loan in Connecticut: $1,992,959.
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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