Noble Metal Group Inc.
Noble Metal Group Inc. is a business in Indianapolis, Indiana, classified under jewelry, watch, precious stone, and precious metal merchant wholesalers. The company was financed with an SBA 7(a) loan for a change of ownership, with $5 million approved on September 3, 2025 through Northwest Bank.
SBA 7(a) loan, change of ownership, approved Sep 3, 2025
$5,000,000 approvedLender: Northwest Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Northwest Bank, Warren, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 3, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $63,338 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 10, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 423940, Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers: $3,055,017.
- 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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