Main Street Registry

Kenosha Hardware South LLC

Kenosha, WI · Hardware Retailers · NAICS 444140

Kenosha Hardware South LLC, located in Kenosha, Wisconsin, operates in the hardware retailers industry (NAICS 444140) and is a franchise of Ace Hardware. The company was financed with an SBA 7(a) loan for a change of ownership of $836,000, provided by First American Bank with an approval date of April 22, 2026.

SBA 7(a) loan, change of ownership, approved Apr 22, 2026

$836,000 approvedLender: First American Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$836,000
SBA-guaranteed amount
$627,000 (75% of the approval)
Lender
First American Bank, Elk Grove Village, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.75%, variable
Term
10 years (120 months)
Estimated maturity
April 22, 2036 (estimated, approval date plus term)
Estimated monthly payment
$9,599 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 21, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
21
Business type
Corporation
NAICS
444140, Hardware Retailers
Franchise
Ace Hardware
Project location
Kenosha County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 25% of acquisition loans in Hardware Retailers on this site.
  • Average acquisition loan in Hardware Retailers: $1,808,637.
  • Average acquisition loan in Wisconsin: $1,729,230.

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 Wisconsin