Mershons
Mershons is located in Springfield, OH, and the SBA lists its industry as Used Car Dealers. It was approved for an SBA 7(a) loan of $4,815,200 for a change of ownership on March 10, 2025.
- Business type
- Corporation
- Business age reported
- Change of Ownership
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| Mar 10, 2025 | $4,815,200 | $3,611,400 | Colony Bank | 25 years | 9.5% variable | 8 | Status not reported (SBA exemption) |
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