Lawnscape of Missouri Inc
Lawnscape of Missouri Inc is a landscaping services business located in Springfield, Missouri. It was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,260,000, approved on January 29, 2025 by OakStar Bank.
SBA 7(a) loan, change of ownership, approved Jan 29, 2025
$1,260,000 approvedLender: OakStar Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,260,000
- SBA-guaranteed amount
- $945,000 (75% of the approval)
- Lender
- OakStar Bank, Springfield, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $17,002 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Greene County, MO
- SBA district office
- Kansas City District Office
- Congressional district
- MO-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in Missouri: $1,584,414.
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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