Msi Waste Management Inc
Msi Waste Management Inc is located in Bicknell, Indiana, and operates in solid waste collection (NAICS 562111). The company was financed with an SBA 7(a) loan for a change of ownership of $1,861,000, approved on November 13, 2025, through Old National Bank.
SBA 7(a) loan, change of ownership, approved Nov 13, 2025
$1,861,000 approvedLender: Old National Bank194 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,861,000
- SBA-guaranteed amount
- $1,395,750 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, fixed
- Term
- 16 years, 2 months (194 months)
- Estimated maturity
- January 13, 2042 (estimated, approval date plus term)
- Estimated monthly payment
- $17,125 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 25, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 562111, Solid Waste Collection
- Project location
- Knox County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 71% of acquisition loans in Solid Waste Collection on this site.
- Average acquisition loan in Solid Waste Collection: $1,466,890.
- 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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