Aerial Signs & Awnings
Aerial Signs & Awnings is an indoor and outdoor display advertising business located in Chester, PA. It was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved on May 30, 2025, by First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved May 30, 2025
$5,000,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $65,385 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 541850, Indoor and Outdoor Display Advertising
- Project location
- Delaware County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Indoor and Outdoor Display Advertising: $2,807,000.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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