Scp Flooring Inc
Scp Flooring Inc is located in Lenexa, KS, and the SBA lists its industry as Flooring Contractors. It was approved for an SBA 7(a) loan of $640,800 for a change of ownership on May 1, 2024.
SBA 7(a) loan, change of ownership, approved May 1, 2024
- Gross approval
- $640,800
- SBA-guaranteed amount
- $480,600 (75% of the approval)
- Lender
- Kendall Bank, Overland Park, KS
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 1, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $5,378 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 14, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 238330, Flooring Contractors
- Project location
- Johnson County, KS
- SBA district office
- Kansas City District Office
- Congressional district
- KS-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Flooring Contractors on this site.
- Average acquisition loan in Flooring Contractors: $1,653,780.
- Average acquisition loan in Kansas: $1,491,022.
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 Kansas
- Legacy Operations Inc, Lenexa