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Randy Kneebone Excavating & Trucking Inc

Fort Lupton, CO · Site Preparation Contractors · NAICS 238910

Randy Kneebone Excavating & Trucking Inc, located in Fort Lupton, Colorado, operates in site preparation contracting. The company was financed with an SBA 7(a) loan for a change of ownership of $1,015,200, approved on February 20, 2025, through T Bank, National Association.

SBA 7(a) loan, change of ownership, approved Feb 20, 2025

$1,015,200 approvedLender: T Bank, National Association10 years termPaid in fullLoan details
Gross approval
$1,015,200
SBA-guaranteed amount
$761,400 (75% of the approval)
Lender
T Bank, National Association, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
February 20, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,416 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 31, 2025
Loan status
Paid in full
Jobs supported
13
Business type
Corporation
NAICS
238910, Site Preparation Contractors
Project location
Weld County, CO
SBA district office
Colorado District Office
Congressional district
CO-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 23% of acquisition loans in Site Preparation Contractors on this site.
  • Average acquisition loan in Site Preparation Contractors: $1,877,202.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado