Value Home Maintenance, LLC
Value Home Maintenance, LLC is located in Memphis, TN, and the SBA lists its industry as Other Personal and Household Goods Repair and Maintenance. It was approved for an SBA 7(a) loan of $1,838,700 for a change of ownership on December 16, 2024. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Dec 16, 2024
- Gross approval
- $1,838,700
- SBA-guaranteed amount
- $1,379,025 (75% of the approval)
- Lender
- Paragon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $23,044 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Project location
- Shelby County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 74% of acquisition loans in Other Personal and Household Goods Repair and Maintenance on this site.
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- Average acquisition loan in Tennessee: $1,738,925.
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 Dec 16, 2024
- Gross approval
- $997,500
- SBA-guaranteed amount
- $748,125 (75% of the approval)
- Lender
- Paragon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,501 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Project location
- Shelby County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in Other Personal and Household Goods Repair and Maintenance on this site.
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- Average acquisition loan in Tennessee: $1,738,925.
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.