Allen-Droog Holdings LLC
Allen-Droog Holdings LLC is an advertising agency located in Grand Rapids, Michigan, classified under NAICS code 541810 (Advertising Agencies). The company was financed with an SBA 7(a) loan for a change of ownership of $2.1 million, approved on December 4, 2025, through Fifth Third Bank.
SBA 7(a) loan, change of ownership, approved Dec 4, 2025
$2,144,000 approvedLender: Fifth Third Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,144,000
- SBA-guaranteed amount
- $1,608,000 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.9%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- December 4, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $24,783 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 541810, Advertising Agencies
- Project location
- Kent County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 63% of acquisition loans in Advertising Agencies on this site.
- Average acquisition loan in Advertising Agencies: $1,888,400.
- Average acquisition loan in Michigan: $1,645,728.
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.
Same industry in Michigan
- 156 Creative LLC, Grand Rapids