Mile High Railings Company LLC
Mile High Railings Company LLC is a business in Centennial, Colorado, in the industry of other foundation, structure, and building exterior contractors. It was financed with an SBA 7(a) loan for a change of ownership of $1.108 million, approved on September 21, 2026, through VelocitySBA, LLC.
SBA 7(a) loan, change of ownership, approved Sep 21, 2026
$1,108,000 approvedLender: VelocitySBA, LLC10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,108,000
- SBA-guaranteed amount
- $831,000 (75% of the approval)
- Lender
- VelocitySBA, LLC, Irving, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 21, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $14,186 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 238190, Other Foundation, Structure, and Building Exterior Contractors
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 37% of acquisition loans in Other Foundation, Structure, and Building Exterior Contractors on this site.
- Average acquisition loan in Other Foundation, Structure, and Building Exterior Contractors: $1,808,077.
- Average acquisition loan in Colorado: $1,608,658.
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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