Main Street Registry

RRP Holdings, LLC

Springboro, OH · Machine Shops · NAICS 332710

RRP Holdings, LLC is a machine shop located in Springboro, Ohio, in the Machine Shops industry (NAICS 332710). The company was financed with an SBA 7(a) loan for a change of ownership totaling $684,000, approved on December 23, 2024, through Heritage Bank Inc. The loan is reported with 2 jobs.

SBA 7(a) loan, change of ownership, approved Dec 23, 2024

$684,000 approvedLender: Heritage Bank Inc25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$684,000
SBA-guaranteed amount
$513,000 (75% of the approval)
Lender
Heritage Bank Inc, Burlington, KY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
December 23, 2049 (estimated, approval date plus term)
Estimated monthly payment
$5,858 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
332710, Machine Shops
Project location
Warren County, OH
SBA district office
Columbus District Office
Congressional district
OH-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 11% of acquisition loans in Machine Shops on this site.
  • Average acquisition loan in Machine Shops: $2,116,278.
  • 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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Same industry in Ohio