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Acacia Investment, Inc.

Monroe, OH · Landscaping Services · NAICS 561730

Acacia Investment, Inc. is a landscaping services business in Monroe, Ohio, classified under NAICS code 561730. It was financed with an SBA 7(a) loan for a change of ownership of $4,213,500, approved on October 23, 2024, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Oct 23, 2024

$4,213,500 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,213,500
SBA-guaranteed amount
$3,160,125 (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
8.25%, fixed
Term
10 years (120 months)
Estimated maturity
October 23, 2034 (estimated, approval date plus term)
Estimated monthly payment
$51,680 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
22
Business type
Corporation
NAICS
561730, Landscaping Services
Project location
Butler 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)
  • Larger than 97% of acquisition loans in Landscaping Services on this site.
  • Average acquisition loan in Landscaping Services: $1,520,772.
  • 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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Same industry in Ohio