Sign Image II, Inc.
Sign Image II, Inc. is located in Saginaw, MI, and the SBA lists its industry as Other Specialized Design Services. It was approved for an SBA 7(a) loan of $975,000 for a change of ownership on August 13, 2025.
SBA 7(a) loan, change of ownership, approved Aug 13, 2025
- Gross approval
- $975,000
- SBA-guaranteed amount
- $731,250 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.24%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- August 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,942 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 541490, Other Specialized Design Services
- Project location
- Saginaw County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Specialized Design Services: $1,744,333.
- Average acquisition loan in Michigan: $1,645,728.
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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