United Carbide LLC
United Carbide LLC is a saw blade and handtool manufacturer located in Sheboygan, Wisconsin, classified under NAICS code 332216. The company was financed with an SBA 7(a) loan for a change of ownership of $994,000, approved on February 11, 2025, by lender CCFBank National Association.
SBA 7(a) loan, change of ownership, approved Feb 11, 2025
$994,000 approvedLender: CCFBank National Association13 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $994,000
- SBA-guaranteed amount
- $745,500 (75% of the approval)
- Lender
- CCFBank National Association, Altoona, WI
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 13 years (156 months)
- Estimated maturity
- February 11, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $11,119 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 332216, Saw Blade and Handtool Manufacturing
- Project location
- Sheboygan County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Saw Blade and Handtool Manufacturing: $2,219,000.
- Average acquisition loan in Wisconsin: $1,729,230.
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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