Zedwick Holdings, LLC
Zedwick Holdings, LLC is located in Owensboro, KY, and the SBA lists its industry as All Other Miscellaneous Fabricated Metal Product Manufacturing. It was approved for an SBA 7(a) loan of $3,975,400 for a change of ownership on January 10, 2025.
SBA 7(a) loan, change of ownership, approved Jan 10, 2025
- Gross approval
- $3,975,400
- SBA-guaranteed amount
- $2,981,550 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, fixed
- Term
- 13 years, 7 months (163 months)
- Estimated maturity
- August 10, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $39,510 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 33
- Business type
- Corporation
- NAICS
- 332999, All Other Miscellaneous Fabricated Metal Product Manufacturing
- Project location
- Daviess County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 83% of acquisition loans in All Other Miscellaneous Fabricated Metal Product Manufacturing on this site.
- Average acquisition loan in All Other Miscellaneous Fabricated Metal Product Manufacturing: $2,156,280.
- Average acquisition loan in Kentucky: $1,988,993.
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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