Spell Brothers Lumber Inc.

1321 Martin Lane, Bossier City, LA 71111

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.4M

Jobs Supported

70

Years Active

2023–2023

Loan History (2)

Source: SBA FOIA
7(a)$200,000
Paid in Full
Approved
Mar 30, 2023 (FY2023)
SBA Guaranteed
$100,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
10.25%
Revolver
1
Jobs Supported
35
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Paid in Full
Apr 30, 2024

Lender

Byline Bank

180 N Lasalle St, Ste 300, Chicago, IL 60601

Project Location

Bossier County, LA

7(a)$2,200,000
Paid in Full
Approved
Mar 30, 2023 (FY2023)
SBA Guaranteed
$1,650,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
10.25%
Revolver
0
Jobs Supported
35
Business Type
Corporation
Business Age
Change of Ownership
Paid in Full
Apr 30, 2024

Lender

Byline Bank

180 N Lasalle St, Ste 300, Chicago, IL 60601

Project Location

Bossier County, LA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
444180
Address
1321 Martin Lane
Bossier City, LA 71111

Lender

Byline Bank
180 N Lasalle St, Ste 300, Chicago, IL 60601

Other SBA Borrowers in Bossier City

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