MB Products, LLC
MB Products, LLC is a business in Lenexa, Kansas, classified under other miscellaneous durable goods merchant wholesalers. The company was financed with an SBA 7(a) loan for a change of ownership, approved on April 15, 2025, in the amount of $5 million through First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved Apr 15, 2025
$5,000,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $66,770 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 9, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Johnson County, KS
- SBA district office
- Kansas City District Office
- Congressional district
- KS-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average acquisition loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,301,987.
- Average acquisition loan in Kansas: $1,491,022.
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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