Arcadia GlassHouse LLC
Arcadia GlassHouse LLC is located in Madison, Ohio, and operates in ornamental and architectural metal work manufacturing. The business was financed with an SBA 7(a) loan for a change of ownership of $1.45 million, approved by Live Oak Banking Company on January 10, 2025.
SBA 7(a) loan, change of ownership, approved Jan 10, 2025
$1,450,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,450,000
- SBA-guaranteed amount
- $1,087,500 (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
- 7.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 10, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $10,715 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 332323, Ornamental and Architectural Metal Work Manufacturing
- Project location
- Lake County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 36% of acquisition loans in Ornamental and Architectural Metal Work Manufacturing on this site.
- Average acquisition loan in Ornamental and Architectural Metal Work Manufacturing: $2,195,745.
- 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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