Dayton Walls & Ceilings Inc
Dayton Walls & Ceilings Inc is a drywall and insulation contractor located in Dayton, OH, classified under NAICS 238310. The company was financed with an SBA 7(a) loan for a change of ownership, with two loans approved by Pathward National Association on February 11, 2025, totaling $5 million ($500,000 and $4.5 million).
SBA 7(a) loan, change of ownership, approved Feb 11, 2025
$4,500,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,500,000
- SBA-guaranteed amount
- $3,375,000 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $60,093 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 57
- Business type
- Corporation
- NAICS
- 238310, Drywall and Insulation Contractors
- Project location
- Montgomery County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in Drywall and Insulation Contractors on this site.
- Average acquisition loan in Drywall and Insulation Contractors: $1,987,965.
- 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.
SBA 7(a) loan, change of ownership, approved Feb 11, 2025
$500,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,677 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 57
- Business type
- Corporation
- NAICS
- 238310, Drywall and Insulation Contractors
- Project location
- Montgomery County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Drywall and Insulation Contractors: $1,987,965.
- 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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