Blessing Investment Group Lg LLC
Blessing Investment Group Lg LLC is an optical goods retailer located in Lake Geneva, Wisconsin, classified under NAICS 456130. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $4,749,600, approved by Old National Bank on November 14, 2025.
SBA 7(a) loan, change of ownership, approved Nov 14, 2025
$4,749,600 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,749,600
- SBA-guaranteed amount
- $3,562,200 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.35%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- November 14, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $56,007 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 456130, Optical Goods Retailers
- Project location
- Walworth County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Optical Goods Retailers: $2,411,143.
- Average acquisition loan in Wisconsin: $1,729,230.
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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