Poelker Pools and Spas, LLC
Poelker Pools and Spas, LLC is a business in Saint Louis, Missouri, in the All Other Specialty Trade Contractors industry. The company was financed with an SBA 7(a) loan for a change of ownership, approved on January 18, 2024, in the amount of $5 million through The Bank of Houston.
SBA 7(a) loan, change of ownership, approved Jan 18, 2024
$5,000,000 approvedLender: The Bank of Houston14 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- The Bank of Houston, Houston, MO
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10%, variable
- Term
- 14 years (168 months)
- Estimated maturity
- January 18, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $55,410 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 3, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 31
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Saint Louis County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- Average acquisition loan in Missouri: $1,584,414.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Missouri
- Ergon Enterprises LLC, Springfield