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Pivotal Holdings LLC

Kennesaw, GA · Residential Remodelers · NAICS 236118

Pivotal Holdings LLC, located in Kennesaw, Georgia, operates in the residential remodelers industry (NAICS 236118). The company was financed with an SBA 7(a) loan for a change of ownership of $741,000, approved on February 6, 2024, through United Midwest Savings Bank National Association.

SBA 7(a) loan, change of ownership, approved Feb 6, 2024

$741,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$741,000
SBA-guaranteed amount
$555,750 (75% of the approval)
Lender
United Midwest Savings Bank National Association, De Graff, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
February 6, 2034 (estimated, approval date plus term)
Estimated monthly payment
$10,103 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 22, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
236118, Residential Remodelers
Project location
Cobb County, GA
SBA district office
Georgia District Office
Congressional district
GA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 23% of acquisition loans in Residential Remodelers on this site.
  • Average acquisition loan in Residential Remodelers: $1,623,835.
  • Average acquisition loan in Georgia: $2,017,638.

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 Georgia