Main Street Registry

Josh Jenkins Enterprises LLC

Hughesville, MD · All Other Specialty Trade Contractors · NAICS 238990

Josh Jenkins Enterprises LLC, located in Hughesville, Maryland, operates in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $769,000, approved on November 4, 2024, through The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Nov 4, 2024

$769,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$769,000
SBA-guaranteed amount
$576,750 (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
8.25%, fixed
Term
10 years (120 months)
Estimated maturity
November 4, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,432 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 21, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Saint Marys County, MD
SBA district office
Baltimore District Office
Congressional district
MD-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 22% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • Average acquisition loan in Maryland: $1,627,337.

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 Maryland