Christopher M. Diedling, Attorney at Law, LLC
Christopher M. Diedling, Attorney at Law, LLC is a legal services business in Cincinnati, Ohio, classified under All Other Legal Services. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,418,000 approved on February 14, 2024 through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Feb 14, 2024
$1,418,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,418,000
- SBA-guaranteed amount
- $1,063,500 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 14, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $19,134 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541199, All Other Legal Services
- Project location
- Hamilton County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Legal Services: $964,000.
- 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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