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Paul Davis Restoration of Dupage County, IL

Naperville, IL · Remediation Services · NAICS 562910

Paul Davis Restoration of Dupage County, IL is a remediation services business in Naperville, Illinois, classified under NAICS code 562910. The company was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved on February 18, 2025 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Feb 18, 2025

$500,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$500,000
SBA-guaranteed amount
$250,000 (50% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
February 18, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,470 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 11, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
26
Business type
Corporation
NAICS
562910, Remediation Services
Project location
Dupage County, IL
SBA district office
Illinois District Office
Congressional district
IL-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
Yes
  • Average acquisition loan in Remediation Services: $1,662,217.
  • Average acquisition loan in Illinois: $1,796,780.

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 Illinois