American Pride Outdoors, LLC
American Pride Outdoors, LLC is located in Evansville, IN, and the SBA lists its industry as Sporting and Athletic Goods Manufacturing. It was approved for an SBA 7(a) loan of $1,800,000 for a change of ownership on May 29, 2025.
SBA 7(a) loan, change of ownership, approved May 29, 2025
- Gross approval
- $1,800,000
- SBA-guaranteed amount
- $1,350,000 (75% of the approval)
- Lender
- Stock Yards Bank & Trust Company, Louisville, KY
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8%, variable
- Term
- 7 years (84 months)
- Estimated maturity
- May 29, 2032 (estimated, approval date plus term)
- Estimated monthly payment
- $28,055 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 9, 2025
- Loan status
- Paid in full
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 339920, Sporting and Athletic Goods Manufacturing
- Project location
- Vanderburgh County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Sporting and Athletic Goods Manufacturing: $1,355,200.
- 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.
Is this your company? Claim or correct this listing. See Corrections.