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Caulking Specialists Company

Indianapolis, IN · All Other Specialty Trade Contractors · NAICS 238990

Caulking Specialists Company, located in Indianapolis, IN, operates in the all other specialty trade contractors industry (NAICS 238990). It has two SBA 7(a) loans for a change of ownership, totaling $1,600,100, approved by Old National Bank on March 11 and March 12, 2025. The loans report 8 jobs.

SBA 7(a) loan, change of ownership, approved Mar 12, 2025

$500,000 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$500,000
SBA-guaranteed amount
$250,000 (50% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
Initial interest rate
9%, fixed
Term
10 years (120 months)
Estimated maturity
March 12, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,334 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Marion County, IN
SBA district office
Indiana District Office
Congressional district
IN-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
Yes
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • Average acquisition loan in Indiana: $1,995,900.

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.

SBA 7(a) loan, change of ownership, approved Mar 11, 2025

$1,100,100 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,100,100
SBA-guaranteed amount
$825,075 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.95%, fixed
Term
10 years (120 months)
Estimated maturity
March 11, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,318 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Marion County, IN
SBA district office
Indiana District Office
Congressional district
IN-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 37% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • Average acquisition loan in Indiana: $1,995,900.

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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Same industry in Indiana