ACE Sign & Awning of Indiana Inc.
ACE Sign & Awning of Indiana Inc. is a business in Terre Haute, Indiana, in the All Other Specialty Trade Contractors industry (NAICS 238990). It was financed with an SBA 7(a) loan for a change of ownership of $1,111,500, approved on January 28, 2026 by The Riddell National Bank, with 9 jobs reported.
SBA 7(a) loan, change of ownership, approved Jan 28, 2026
$1,111,500 approvedLender: The Riddell National Bank184 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,111,500
- SBA-guaranteed amount
- $833,625 (75% of the approval)
- Lender
- The Riddell National Bank, Brazil, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.5%, variable
- Term
- 15 years, 4 months (184 months)
- Estimated maturity
- May 28, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $10,828 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 23, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Vigo County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 37% 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 Indiana: $1,995,900.
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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