Main Street Registry

BP & Sons Hardware, Inc.

Amery, WI · Hardware Retailers · NAICS 444140

BP & Sons Hardware, Inc. is a hardware retailer located in Amery, Wisconsin, classified under NAICS code 444140 (Hardware Retailers). The business was financed with an SBA 7(a) loan for a change of ownership of $1,436,000, provided by First National Community Bank and approved on May 23, 2024.

SBA 7(a) loan, change of ownership, approved May 23, 2024

$1,436,000 approvedLender: First National Community Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,436,000
SBA-guaranteed amount
$1,077,000 (75% of the approval)
Lender
First National Community Bank, New Richmond, WI
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
May 23, 2049 (estimated, approval date plus term)
Estimated monthly payment
$11,806 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 24, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
444140, Hardware Retailers
Project location
Polk County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 53% of acquisition loans in Hardware Retailers on this site.
  • Average acquisition loan in Hardware Retailers: $1,808,637.
  • 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.

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

Same industry in Wisconsin