LIAISON HOME AUTOMATION, LLCââââ
LIAISON HOME AUTOMATION, LLC is a business in North Port, Florida, classified under the industry All Other Specialty Trade Contractors (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $2.69 million, approved on August 27, 2024 by Milestone Bank. The loan was reported with 13 jobs.
SBA 7(a) loan, change of ownership, approved Aug 27, 2024
$2,690,000 approvedLender: Milestone Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,690,000
- SBA-guaranteed amount
- $2,017,500 (75% of the approval)
- Lender
- Milestone Bank, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 27, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $37,436 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Sarasota County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% 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 Florida: $1,808,559.
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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