JH Design and Construction LLC
JH Design and Construction LLC is an architectural services business located in Rye, New York, classified under NAICS code 541310. It was financed with an SBA 7(a) loan for a change of ownership totaling $4.29 million, approved by Happen Bank on April 29, 2026, with 24 jobs reported.
SBA 7(a) loan, change of ownership, approved Apr 29, 2026
$4,290,000 approvedLender: Happen Bank15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,290,000
- SBA-guaranteed amount
- $3,217,500 (75% of the approval)
- Lender
- Happen Bank, Lehi, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 15 years (180 months)
- Estimated maturity
- April 29, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $43,512 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 8, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 541310, Architectural Services
- Project location
- Westchester County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in Architectural Services on this site.
- Average acquisition loan in Architectural Services: $1,777,457.
- Average acquisition loan in New York: $1,771,512.
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.
Is this your company? Claim or correct this listing. See Corrections.