L&R Installations, LLC
L&R Installations, LLC, located in Levittown, PA, operates in the Other Building Finishing Contractors industry (NAICS 238390). The company was financed with an SBA 7(a) loan for a change of ownership totaling $4.185 million, approved on September 29, 2025, through Beacon Bank and Trust. The loan reports 18 jobs.
SBA 7(a) loan, change of ownership, approved Sep 29, 2025
$4,185,000 approvedLender: Beacon Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,185,000
- SBA-guaranteed amount
- $3,138,750 (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
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $54,153 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 238390, Other Building Finishing Contractors
- Project location
- Bucks County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 92% of acquisition loans in Other Building Finishing Contractors on this site.
- Average acquisition loan in Other Building Finishing Contractors: $1,603,650.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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