Hot Frog Print & Media, Inc.
Hot Frog Print & Media, Inc. is a commercial screen printing business in Mechanicsburg, Pennsylvania. It was financed with an SBA 7(a) loan for a change of ownership totaling $3,187,000, approved on March 26, 2025 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
$3,187,000 approvedLender: Live Oak Banking Company12 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,187,000
- SBA-guaranteed amount
- $2,390,250 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.75%, variable
- Term
- 12 years (144 months)
- Estimated maturity
- March 26, 2037 (estimated, approval date plus term)
- Estimated monthly payment
- $35,822 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 42
- Business type
- Corporation
- NAICS
- 323113, Commercial Screen Printing
- Project location
- Cumberland County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Commercial Screen Printing on this site.
- Average acquisition loan in Commercial Screen Printing: $1,602,852.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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