Main Street Registry

American Awards, Inc.

Grove City, OH · All Other Miscellaneous Retailers · NAICS 459999

American Awards, Inc. is a business in Grove City, Ohio, in the All Other Miscellaneous Retailers industry (NAICS 459999). The company was financed with an SBA 7(a) loan for a change of ownership of $703,500 from The Huntington National Bank, with an approval date of July 30, 2026.

SBA 7(a) loan, change of ownership, approved Jul 30, 2026

$703,500 approvedLender: The Huntington National Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$703,500
SBA-guaranteed amount
$527,625 (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
9.25%, variable
Term
25 years (300 months)
Estimated maturity
July 30, 2051 (estimated, approval date plus term)
Estimated monthly payment
$6,025 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
1
Business type
Corporation
NAICS
459999, All Other Miscellaneous Retailers
Project location
Franklin County, OH
SBA district office
Columbus District Office
Congressional district
OH-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 27% of acquisition loans in All Other Miscellaneous Retailers on this site.
  • Average acquisition loan in All Other Miscellaneous Retailers: $1,546,818.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Ohio