Bks Main Street Shoppes, Inc.
Bks Main Street Shoppes, Inc. is a gift, novelty, and souvenir retail business located in Nashville, Indiana. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.95 million, approved on March 20, 2026, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Mar 20, 2026
$1,950,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,950,000
- SBA-guaranteed amount
- $1,462,500 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 20, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $16,364 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 7, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 459420, Gift, Novelty, and Souvenir Retailers
- Project location
- Brown County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in Gift, Novelty, and Souvenir Retailers on this site.
- Average acquisition loan in Gift, Novelty, and Souvenir Retailers: $1,214,814.
- 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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