Main Street Registry

TLH Glass, LLC

Tallahassee, FL · Glass and Glazing Contractors · NAICS 238150

TLH Glass, LLC is a glass and glazing contractor located in Tallahassee, Florida. The company was financed with an SBA 7(a) loan for a change of ownership of $3.6 million, approved on February 26, 2025 by Centennial Bank.

SBA 7(a) loan, change of ownership, approved Feb 26, 2025

$3,611,000 approvedLender: Centennial Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,611,000
SBA-guaranteed amount
$2,708,250 (75% of the approval)
Lender
Centennial Bank, Conway, AR
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
February 26, 2035 (estimated, approval date plus term)
Estimated monthly payment
$46,725 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 2, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
33
Business type
Corporation
NAICS
238150, Glass and Glazing Contractors
Project location
Leon County, FL
SBA district office
North Florida District Office
Congressional district
FL-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 80% of acquisition loans in Glass and Glazing Contractors on this site.
  • Average acquisition loan in Glass and Glazing Contractors: $2,029,425.
  • 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