Main Street Registry

Freeda Holdings, LLC

Defiance, OH · Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130

Freeda Holdings, LLC is a business in Defiance, OH in the industry of lessors of miniwarehouses and self-storage units (NAICS 531130). The company was financed with an SBA 7(a) loan for a change of ownership of $2,047,000, approved on March 6, 2025 through Bank Five Nine.

SBA 7(a) loan, change of ownership, approved Mar 6, 2025

$2,047,000 approvedLender: Bank Five Nine306 months termStatus not reported (SBA exemption)Loan details
Gross approval
$2,047,000
SBA-guaranteed amount
$1,535,250 (75% of the approval)
Lender
Bank Five Nine, Oconomowoc, WI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years, 6 months (306 months)
Estimated maturity
September 6, 2050 (estimated, approval date plus term)
Estimated monthly payment
$16,045 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
531130, Lessors of Miniwarehouses and Self-Storage Units
Project location
Defiance County, OH
SBA district office
Columbus District Office
Congressional district
OH-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 81% of acquisition loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
  • Average acquisition loan in Lessors of Miniwarehouses and Self-Storage Units: $1,454,898.
  • 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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Same industry in Ohio