AE Metzger Hardware LLC
AE Metzger Hardware LLC is located in Louisville, OH, and the SBA lists its industry as Hardware Retailers. It was approved for an SBA 7(a) loan of $3,675,000 for a change of ownership on May 13, 2025.
SBA 7(a) loan, change of ownership, approved May 13, 2025
- Gross approval
- $3,675,000
- SBA-guaranteed amount
- $2,756,250 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 13, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $30,214 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 26, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Project location
- Stark County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Hardware Retailers on this site.
- Average acquisition loan in Hardware Retailers: $1,808,637.
- 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
- JAC Foods LLC, Lancaster
- Fairfield Hardware II, LLC, Fairfield
- Kubicki Enterprises Inc, Macedonia
- Georgetown Village Hardware LLC, Georgetown