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IKitchens, Baths & More LLC

East Falmouth, MA · Residential Remodelers · NAICS 236118

IKitchens, Baths & More LLC is a residential remodeler in East Falmouth, Massachusetts, classified under NAICS code 236118 (Residential Remodelers). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,389,500, approved by The Huntington National Bank on January 27, 2025.

SBA 7(a) loan, change of ownership, approved Jan 27, 2025

$1,389,500 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,389,500
SBA-guaranteed amount
$1,042,125 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.6%, fixed
Term
25 years (300 months)
Estimated maturity
January 27, 2050 (estimated, approval date plus term)
Estimated monthly payment
$10,359 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 13, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
236118, Residential Remodelers
Project location
Barnstable County, MA
SBA district office
Massachusetts District Office
Congressional district
MA-09
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 52% of acquisition loans in Residential Remodelers on this site.
  • Average acquisition loan in Residential Remodelers: $1,623,835.
  • Average acquisition loan in Massachusetts: $1,643,977.

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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