Main Street Registry

Lexa Records Holdings, LLC

Great Falls, VA · Administrative Management and General Management Consulting Services · NAICS 541611

Lexa Records Holdings, LLC is a business in Great Falls, Virginia, in the administrative management and general management consulting services industry (NAICS 541611). The company was financed with an SBA 7(a) loan for a change of ownership of $4.125 million, approved on November 11, 2023 through United Community Bank.

SBA 7(a) loan, change of ownership, approved Nov 11, 2023

$4,125,000 approvedLender: United Community Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,125,000
SBA-guaranteed amount
$3,093,750 (75% of the approval)
Lender
United Community Bank, Greenville, SC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
10 years (120 months)
Estimated maturity
November 11, 2033 (estimated, approval date plus term)
Estimated monthly payment
$50,048 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 6, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
32
Business type
Corporation
NAICS
541611, Administrative Management and General Management Consulting Services
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 92% of acquisition loans in Administrative Management and General Management Consulting Services on this site.
  • Average acquisition loan in Administrative Management and General Management Consulting Services: $2,320,768.
  • Average acquisition loan in Virginia: $1,860,760.

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 Virginia