Cannon Law Group, LLC
Cannon Law Group, LLC is an office of lawyers located in Columbia Falls, Montana. The company was financed with an SBA 7(a) loan for a change of ownership of $704,000, approved on January 27, 2026, through First Merchants Bank.
SBA 7(a) loan, change of ownership, approved Jan 27, 2026
$704,000 approvedLender: First Merchants Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $704,000
- SBA-guaranteed amount
- $528,000 (75% of the approval)
- Lender
- First Merchants Bank, Indianapolis, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 27, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,110 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 6, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 541110, Offices of Lawyers
- Project location
- Flathead County, MT
- SBA district office
- Montana District Office
- Congressional district
- MT-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 11% of acquisition loans in Offices of Lawyers on this site.
- Average acquisition loan in Offices of Lawyers: $1,606,779.
- Average acquisition loan in Montana: $1,680,827.
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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