Peacock Hill Consulting Incorporated
Peacock Hill Consulting Incorporated is a business in Durham, NC, in the administrative management and general management consulting services industry (NAICS 541611). It was financed with an SBA 7(a) loan for a change of ownership of $829,800, approved on August 16, 2024, by Gulf Coast Bank and Trust Company.
SBA 7(a) loan, change of ownership, approved Aug 16, 2024
$829,800 approvedLender: Gulf Coast Bank and Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $829,800
- SBA-guaranteed amount
- $622,350 (75% of the approval)
- Lender
- Gulf Coast Bank and Trust Company, New Orleans, LA
- 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 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $11,548 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 541611, Administrative Management and General Management Consulting Services
- Project location
- Durham County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 13% of acquisition loans in Administrative Management and General Management Consulting Services on this site.
- Average acquisition loan in Administrative Management and General Management Consulting Services: $2,320,768.
- 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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