Craigin Holdings, Inc.
Craigin Holdings, Inc. is a fabricated structural metal manufacturer located in New Paris, Indiana, classified under NAICS 332312. The company was financed with an SBA 7(a) loan for a change of ownership of $1,025,000, approved on April 29, 2026 by The Fidelity Bank.
SBA 7(a) loan, change of ownership, approved Apr 29, 2026
$1,025,000 approvedLender: The Fidelity Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,025,000
- SBA-guaranteed amount
- $768,750 (75% of the approval)
- Lender
- The Fidelity Bank, Fuquay Varina, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,846 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 8, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 332312, Fabricated Structural Metal Manufacturing
- Project location
- Elkhart County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 40% of acquisition loans in Fabricated Structural Metal Manufacturing on this site.
- Average acquisition loan in Fabricated Structural Metal Manufacturing: $2,019,355.
- 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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Same industry in Indiana
- Grant County Steel LLC, Marion