LGG Supply Group Inc.
LGG Supply Group Inc. is a business in Columbus, Ohio, in the industry of other chemical and allied products merchant wholesalers. The company was financed with an SBA 7(a) loan for a change of ownership of $706,000, approved on November 25, 2025, through Pathward National Association.
SBA 7(a) loan, change of ownership, approved Nov 25, 2025
$706,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $706,000
- SBA-guaranteed amount
- $529,500 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,943 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 424690, Other Chemical and Allied Products Merchant Wholesalers
- Project location
- Franklin County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 15% of acquisition loans in Other Chemical and Allied Products Merchant Wholesalers on this site.
- Average acquisition loan in Other Chemical and Allied Products Merchant Wholesalers: $1,814,154.
- 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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