Main Street Registry

Rge Holdings LLC

Theodore, AL · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Rge Holdings LLC is a plumbing, heating, and air-conditioning contractor in Theodore, Alabama, classified under NAICS code 238220. The company was financed with an SBA 7(a) loan for a change of ownership of $750,000, approved on March 6, 2025, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Mar 6, 2025

$750,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$750,000
SBA-guaranteed amount
$562,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
March 6, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,602 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
31
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Mobile County, AL
SBA district office
Alabama District Office
Congressional district
AL-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 14% of acquisition loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
  • Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
  • Average acquisition loan in Alabama: $1,764,717.

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 Alabama