Ohio Jewelry Gold & Pawn LLC
Ohio Jewelry Gold & Pawn LLC is a used merchandise retailer in Canton, Ohio, in the industry classified as Used Merchandise Retailers. The business was financed with an SBA 7(a) loan for a change of ownership of $2,475,000, approved on November 13, 2025 by American Momentum Bank.
SBA 7(a) loan, change of ownership, approved Nov 13, 2025
$2,475,000 approvedLender: American Momentum Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,475,000
- SBA-guaranteed amount
- $1,856,250 (75% of the approval)
- Lender
- American Momentum Bank, College Station, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- November 13, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $20,770 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 4, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 459510, Used Merchandise Retailers
- Project location
- Stark County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 90% of acquisition loans in Used Merchandise Retailers on this site.
- Average acquisition loan in Used Merchandise Retailers: $1,216,780.
- Average acquisition loan in Ohio: $1,840,340.
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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