Atha Enterprises OH LLC
Atha Enterprises OH LLC is located in Canton, OH, and the SBA lists its industry as Residential Property Managers. It was approved for an SBA 7(a) loan of $1,420,000 for a change of ownership on September 11, 2025.
SBA 7(a) loan, change of ownership, approved Sep 11, 2025
- Gross approval
- $1,420,000
- SBA-guaranteed amount
- $1,065,000 (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
- 8.93%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $17,934 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 67
- Business type
- Corporation
- NAICS
- 531311, Residential Property Managers
- Franchise
- PMI
- 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 71% of acquisition loans in Residential Property Managers on this site.
- Average acquisition loan in Residential Property Managers: $1,260,244.
- 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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