Hannah Pack & Ship Inc.
Hannah Pack & Ship Inc. is located in Austintown, OH, and the SBA lists its industry as Other Business Service Centers (including Copy Shops). It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on September 9, 2026.
SBA 7(a) loan, change of ownership, approved Sep 9, 2026
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 9, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,539 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 561439, Other Business Service Centers (including Copy Shops)
- Project location
- Mahoning County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Business Service Centers (including Copy Shops): $980,191.
- 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
- Cenba Inc, Grove City