Mike Wheeler Holdings Inc
Mike Wheeler Holdings Inc is a local messenger and local delivery business located in Indianapolis, Indiana. The company was financed with an SBA 7(a) loan for a change of ownership of $3,513,000 from KeyBank National Association, with approval dated June 11, 2026.
SBA 7(a) loan, change of ownership, approved Jun 11, 2026
$3,513,000 approvedLender: KeyBank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,513,000
- SBA-guaranteed amount
- $2,634,750 (75% of the approval)
- Lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 11, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $44,027 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 492210, Local Messengers and Local Delivery
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in Local Messengers and Local Delivery on this site.
- Average acquisition loan in Local Messengers and Local Delivery: $1,639,155.
- Average acquisition loan in Indiana: $1,995,900.
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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