Tawny Company Inc.
Tawny Company Inc. is located in Gilmanton, NH, and the SBA lists its industry as Oil and Gas Pipeline and Related Structures Construction. It was approved for an SBA 7(a) loan of $4,325,000 for a change of ownership on March 5, 2025. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Mar 5, 2025
- Gross approval
- $4,325,000
- SBA-guaranteed amount
- $3,243,750 (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
- 8.75%, variable
- Term
- 13 years (156 months)
- Estimated maturity
- March 5, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $46,510 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 237120, Oil and Gas Pipeline and Related Structures Construction
- Project location
- Belknap County, NH
- SBA district office
- New Hampshire District Office
- Congressional district
- NH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Oil and Gas Pipeline and Related Structures Construction: $2,412,500.
- Average acquisition loan in New Hampshire: $1,811,437.
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.
SBA 7(a) loan, change of ownership, approved Mar 5, 2025
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,199 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 237120, Oil and Gas Pipeline and Related Structures Construction
- Project location
- Belknap County, NH
- SBA district office
- New Hampshire District Office
- Congressional district
- NH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Oil and Gas Pipeline and Related Structures Construction: $2,412,500.
- Average acquisition loan in New Hampshire: $1,811,437.
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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