M & D Milltown Enterprises LLC
M & D Milltown Enterprises LLC is an Other Building Material Dealers business located in Fort Mill, SC. It was financed with an SBA 7(a) loan for a change of ownership of $825,000, approved on January 29, 2026, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
$825,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $825,000
- SBA-guaranteed amount
- $618,750 (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
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,119 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 3, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 444180, Other Building Material Dealers
- Project location
- York County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Other Building Material Dealers on this site.
- Average acquisition loan in Other Building Material Dealers: $1,898,107.
- Average acquisition loan in South Carolina: $1,827,509.
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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