Big Johns Building Supply, LLC
Big Johns Building Supply, LLC is located in Cedaredge, CO, and the SBA lists its industry as Hardware Retailers. It was approved for an SBA 7(a) loan of $545,000 for a change of ownership on April 29, 2026.
SBA 7(a) loan, change of ownership, approved Apr 29, 2026
- Gross approval
- $545,000
- SBA-guaranteed amount
- $408,750 (75% of the approval)
- Lender
- MidFirst Bank, Oklahoma City, OK
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, fixed
- Term
- 8 years (96 months)
- Estimated maturity
- April 29, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,635 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 8, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Franchise
- Ace Hardware
- Project location
- Delta County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 5% of acquisition loans in Hardware Retailers on this site.
- Average acquisition loan in Hardware Retailers: $1,808,637.
- Average acquisition loan in Colorado: $1,608,658.
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 Colorado
- SEMM Kipling LLC, Littleton
- J&K Ace Venture Group, Inc., Colorado Springs