CES Holdings LLC
CES Holdings LLC is a business in Lawrenceburg, Indiana, classified under Automotive Parts and Accessories Retailers. It was financed with an SBA 7(a) loan for a change of ownership of $750,000, approved January 26, 2024 by Civista Bank. The business is listed as a franchise of 1-800-Radiator & A/C.
SBA 7(a) loan, change of ownership, approved Jan 26, 2024
$750,000 approvedLender: Civista Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $750,000
- SBA-guaranteed amount
- $562,500 (75% of the approval)
- Lender
- Civista Bank, Sandusky, OH
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,225 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Franchise
- 1-800-Radiator & A/C
- Project location
- Dearborn County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 28% of acquisition loans in Automotive Parts and Accessories Retailers on this site.
- Average acquisition loan in Automotive Parts and Accessories Retailers: $1,270,623.
- 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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