Insight II Management LLC
Insight II Management LLC, located in Johnstown, Ohio, operates in the masonry contractors industry (NAICS 238140). The business was financed with an SBA 7(a) loan for a change of ownership, approved on May 15, 2025, by The Huntington National Bank in the amount of $3.9 million. The loan reports 19 jobs.
SBA 7(a) loan, change of ownership, approved May 15, 2025
$3,940,800 approvedLender: The Huntington National Bank15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,940,800
- SBA-guaranteed amount
- $2,955,600 (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
- 15 years (180 months)
- Estimated maturity
- May 15, 2040 (estimated, approval date plus term)
- Estimated monthly payment
- $36,756 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 238140, Masonry Contractors
- Project location
- Licking County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 82% of acquisition loans in Masonry Contractors on this site.
- Average acquisition loan in Masonry Contractors: $1,856,218.
- 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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