Plaistow Cabinet Co. LLC
Plaistow Cabinet Co. LLC is a wood kitchen cabinet and countertop manufacturer located in Plaistow, New Hampshire. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,136,000, approved May 13, 2025, through Santander Bank, National Association.
SBA 7(a) loan, change of ownership, approved May 13, 2025
$1,136,000 approvedLender: Santander Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,136,000
- SBA-guaranteed amount
- $852,000 (75% of the approval)
- Lender
- Santander Bank, National Association, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,190 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 337110, Wood Kitchen Cabinet and Countertop Manufacturing
- Project location
- Rockingham County, NH
- SBA district office
- New Hampshire District Office
- Congressional district
- NH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 29% of acquisition loans in Wood Kitchen Cabinet and Countertop Manufacturing on this site.
- Average acquisition loan in Wood Kitchen Cabinet and Countertop Manufacturing: $1,828,277.
- Average acquisition loan in New Hampshire: $1,811,437.
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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