Main Street Registry

Wellmont Holdings LLC

Syracuse, NY · Residential Remodelers · NAICS 236118

Wellmont Holdings LLC is a residential remodeler located in Syracuse, New York, according to its SBA industry classification. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2,115,500, approved on September 10, 2026, through Pathward National Association.

SBA 7(a) loan, change of ownership, approved Sep 10, 2026

$2,115,500 approvedLender: Pathward National Association14 years termCommitted, not fully disbursedLoan details
Gross approval
$2,115,500
SBA-guaranteed amount
$1,586,625 (75% of the approval)
Lender
Pathward National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
14 years (168 months)
Estimated maturity
September 10, 2040 (estimated, approval date plus term)
Estimated monthly payment
$22,500 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
236118, Residential Remodelers
Project location
Onondaga County, NY
SBA district office
Syracuse District Office
Congressional district
NY-24
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 71% of acquisition loans in Residential Remodelers on this site.
  • Average acquisition loan in Residential Remodelers: $1,623,835.
  • Average acquisition loan in New York: $1,771,512.

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 New York