Black Lion Products, LLC
Black Lion Products, LLC is a plate work manufacturing business located in Youngstown, Ohio, classified under NAICS code 332313. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2,291,300, approved on August 22, 2025, through WesBanco Bank, Inc. The loan report lists 41 jobs associated with the business.
SBA 7(a) loan, change of ownership, approved Aug 22, 2025
$2,291,300 approvedLender: WesBanco Bank, Inc.10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,291,300
- SBA-guaranteed amount
- $1,718,475 (75% of the approval)
- Lender
- WesBanco Bank, Inc., Wheeling, WV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $29,649 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 41
- Business type
- Corporation
- NAICS
- 332313, Plate Work Manufacturing
- Project location
- Mahoning County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Plate Work Manufacturing: $2,291,300.
- Average acquisition loan in Ohio: $1,840,340.
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.