Clark's Chimney Care Company LLC
Clark's Chimney Care Company LLC is located in Loveland, OH, and the SBA lists its industry as Other Services to Buildings and Dwellings. It was approved for an SBA 7(a) loan of $1,840,000 for a change of ownership on April 24, 2024.
SBA 7(a) loan, change of ownership, approved Apr 24, 2024
- Gross approval
- $1,840,000
- SBA-guaranteed amount
- $1,380,000 (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
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 24, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $24,828 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 561790, Other Services to Buildings and Dwellings
- Project location
- Clermont County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Other Services to Buildings and Dwellings on this site.
- Average acquisition loan in Other Services to Buildings and Dwellings: $1,196,922.
- 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.
Same industry in Ohio
- Pink Collar LLC, Cincinnati
- Lances Power Washing, Copley
- Stansberry Enterprises LLC, Fairport Harbor