SI Restoration, Inc.
SI Restoration, Inc. is located in Halethorpe, MD, and the SBA lists its industry as Other Personal and Household Goods Repair and Maintenance. It was approved for an SBA 7(a) loan of $3,163,000 for a change of ownership on September 10, 2026. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Sep 10, 2026
- Gross approval
- $3,163,000
- SBA-guaranteed amount
- $2,372,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 10, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $40,068 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Project location
- Baltimore County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Other Personal and Household Goods Repair and Maintenance on this site.
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- Average acquisition loan in Maryland: $1,627,337.
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.
SBA 7(a) loan, change of ownership, approved Sep 10, 2026
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 10, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,334 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Project location
- Baltimore County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- Average acquisition loan in Maryland: $1,627,337.
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 Maryland
- Abell Custom Marine LLC, Edgewater