Ironwood Packaging
Ironwood Packaging, located in Meridian, Idaho, operates in All Other Plastics Product Manufacturing (NAICS 326199). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,727,600, approved on September 26, 2025, through U.S. Bank, National Association, with a 120-month term and 11 jobs reported.
SBA 7(a) loan, change of ownership, approved Sep 26, 2025
- Gross approval
- $1,727,600
- SBA-guaranteed amount
- $1,295,700 (75% of the approval)
- Lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.1%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 26, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,148 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 326199, All Other Plastics Product Manufacturing
- Project location
- Ada County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 35% of acquisition loans in All Other Plastics Product Manufacturing on this site.
- Average acquisition loan in All Other Plastics Product Manufacturing: $2,387,535.
- Average acquisition loan in Idaho: $1,527,113.
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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