Kubicki Enterprises Inc
Kubicki Enterprises Inc is located in Macedonia, OH, and the SBA lists its industry as Hardware Retailers. It was approved for an SBA 7(a) loan of $2,019,000 for a change of ownership on October 15, 2024.
SBA 7(a) loan, change of ownership, approved Oct 15, 2024
- Gross approval
- $2,019,000
- SBA-guaranteed amount
- $1,514,250 (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
- 8.75%, fixed
- Term
- 18 years (216 months)
- Estimated maturity
- October 15, 2042 (estimated, approval date plus term)
- Estimated monthly payment
- $18,593 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Franchise
- Ace Hardware
- Project location
- Summit County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 66% of acquisition loans in Hardware Retailers on this site.
- Average acquisition loan in Hardware Retailers: $1,808,637.
- 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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Same industry in Ohio
- JAC Foods LLC, Lancaster
- Fairfield Hardware II, LLC, Fairfield
- AE Metzger Hardware LLC, Louisville
- Georgetown Village Hardware LLC, Georgetown