NGU Industries L.L.C.
NGU Industries L.L.C. is located in Concord, NC, and the SBA lists its industry as All Other Miscellaneous Fabricated Metal Product Manufacturing. It was approved for an SBA 7(a) loan of $1,990,000 for a change of ownership on November 24, 2025.
SBA 7(a) loan, change of ownership, approved Nov 24, 2025
- Gross approval
- $1,990,000
- SBA-guaranteed amount
- $1,492,500 (75% of the approval)
- Lender
- Countybank, Greenwood, 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 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $24,144 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 332999, All Other Miscellaneous Fabricated Metal Product Manufacturing
- Project location
- Cabarrus County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 49% of acquisition loans in All Other Miscellaneous Fabricated Metal Product Manufacturing on this site.
- Average acquisition loan in All Other Miscellaneous Fabricated Metal Product Manufacturing: $2,156,280.
- Average acquisition loan in North Carolina: $1,952,444.
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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