Cockerell Holdings LLC
Cockerell Holdings LLC is a used car dealership located in Lima, Ohio, classified under the NAICS industry Used Car Dealers. The business was financed with an SBA 504 loan of $1,276,000 to finance real estate or equipment, with a total project amount of $1,550,000, through The State Bank and Trust Company and West Central Partnership, Inc., with approval dated January 12, 2026.
SBA 504 loan, approved Jan 12, 2026
- SBA (CDC) portion
- $1,276,000
- Bank portion
- $1,550,000
- Estimated project size
- $3,140,000 (estimated)
- Estimated owner equity
- $314,000 (estimated, about 10% of the project)
- Bank lender
- The State Bank and Trust Company, Defiance, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 12, 2051 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 441120, Used Car Dealers
- Project location
- Allen County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 26% of expansion loans in Used Car Dealers on this site.
- Average expansion loan in Used Car Dealers: $1,930,870.
- Average expansion loan in Ohio: $2,096,556.
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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