Tyree Holdings LLC
Tyree Holdings LLC is a specialty trade contractor in Dothan, Alabama, classified under NAICS 238990, All Other Specialty Trade Contractors. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $955,000, approved on February 17, 2024, by Troy Bank & Trust Company.
SBA 7(a) loan, change of ownership, approved Feb 17, 2024
$955,000 approvedLender: Troy Bank & Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $955,000
- SBA-guaranteed amount
- $716,250 (75% of the approval)
- Lender
- Troy Bank & Trust Company, Troy, AL
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 17, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $13,155 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Houston County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- Average acquisition loan in Alabama: $1,764,717.
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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