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Karsey Glass Holdings, LLC

Charlotte, NC · All Other Specialty Trade Contractors · NAICS 238990

Karsey Glass Holdings, LLC is a specialty trade contractor in Charlotte, NC, classified under NAICS 238990, All Other Specialty Trade Contractors. The company was financed with an SBA 7(a) loan for a change of ownership, with two loans approved by Live Oak Banking Company on September 17, 2026, totaling $5,000,000 in SBA-program amounts, which reflects the loan amounts of $500,000 and $4,500,000.

SBA 7(a) loan, change of ownership, approved Sep 17, 2026

$4,500,000 approvedLender: Live Oak Banking Company170 months termCommitted, not fully disbursedLoan details
Gross approval
$4,500,000
SBA-guaranteed amount
$3,375,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
14 years, 2 months (170 months)
Estimated maturity
November 17, 2040 (estimated, approval date plus term)
Estimated monthly payment
$44,967 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
36
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Mecklenburg County, NC
SBA district office
North Carolina District Office
Congressional district
NC-09
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 All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • Average acquisition loan in North Carolina: $1,952,444.

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.

SBA 7(a) loan, change of ownership, approved Sep 17, 2026

$500,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
Gross approval
$500,000
SBA-guaranteed amount
$250,000 (50% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
September 17, 2036 (estimated, approval date plus term)
Estimated monthly payment
$6,266 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
36
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Mecklenburg County, NC
SBA district office
North Carolina District Office
Congressional district
NC-09
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
Yes
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • Average acquisition loan in North Carolina: $1,952,444.

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 North Carolina