Saxa Roofing 1, LLC
Saxa Roofing 1, LLC is located in Port Charlotte, FL, and the SBA lists its industry as Roofing Contractors. It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on December 6, 2024.
SBA 7(a) loan, change of ownership, approved Dec 6, 2024
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 6, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,677 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 238160, Roofing Contractors
- Project location
- Charlotte County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Roofing Contractors: $1,899,751.
- Average acquisition loan in Florida: $1,808,559.
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 Florida
- A1 American Roofing & Sheet Metal Inc., Rotonda West
- DLG Group Inc, Brooksville
- Strategic Roofing LLC, Largo
- Ron Bell Roofing LLC, Delray Beach
- Westfall Construction, Inc. and Contractor Metal Works LLC., Tampa
- Roof Repairs Only, Inc., Vero Beach
- Metal Roofing Suppliers LLC, Miami
- Gulfstream Construction Services LLC, West Palm Beach