Buckeye Excavating & Construction, Inc.
Buckeye Excavating & Construction, Inc. is located in Monroeville, OH, and the SBA lists its industry as Site Preparation Contractors. It was approved for an SBA 7(a) loan of $1,770,000 for a change of ownership on July 3, 2026.
SBA 7(a) loan, change of ownership, approved Jul 3, 2026
- Gross approval
- $1,770,000
- SBA-guaranteed amount
- $1,327,500 (75% of the approval)
- Lender
- PNC Bank, National Association, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.25%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- July 3, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $19,874 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 36
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Huron County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 57% of acquisition loans in Site Preparation Contractors on this site.
- Average acquisition loan in Site Preparation Contractors: $1,877,202.
- 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.
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