1-Iron Holdings LLC
1-Iron Holdings LLC, located in Franklin, Ohio, operates in surgical and medical instrument manufacturing (NAICS 339112). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,082,500, approved on November 18, 2025 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Nov 18, 2025
$1,082,500 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,082,500
- SBA-guaranteed amount
- $811,875 (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
- 8.15%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- November 18, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $8,463 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 339112, Surgical and Medical Instrument Manufacturing
- Franchise
- Next Day Access
- Project location
- Warren County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Surgical and Medical Instrument Manufacturing: $2,115,375.
- 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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