Sewer Renewal Specialists LLC
Sewer Renewal Specialists LLC is located in Portland, Oregon, and operates in water and sewer line and related structures construction. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,671,000, approved by Truliant FCU on January 21, 2025.
SBA 7(a) loan, change of ownership, approved Jan 21, 2025
$1,671,000 approvedLender: Truliant FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,671,000
- SBA-guaranteed amount
- $1,253,250 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 21, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $22,314 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 237110, Water and Sewer Line and Related Structures Construction
- Project location
- Washington County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 31% of acquisition loans in Water and Sewer Line and Related Structures Construction on this site.
- Average acquisition loan in Water and Sewer Line and Related Structures Construction: $2,660,100.
- Average acquisition loan in Oregon: $1,946,167.
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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