Craftsmen Home Improvements
Craftsmen Home Improvements, located in Dayton, Ohio, operates in the residential remodelers industry (NAICS 236118). The company was financed with an SBA 7(a) loan for a change of ownership of $3.8 million, approved on August 13, 2025, by Live Oak Banking Company, with a reported 15 jobs.
SBA 7(a) loan, change of ownership, approved Aug 13, 2025
$3,805,300 approvedLender: Live Oak Banking Company12 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,805,300
- SBA-guaranteed amount
- $2,853,975 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 12 years (144 months)
- Estimated maturity
- August 13, 2037 (estimated, approval date plus term)
- Estimated monthly payment
- $43,305 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 236118, Residential Remodelers
- Project location
- Montgomery County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 95% of acquisition loans in Residential Remodelers on this site.
- Average acquisition loan in Residential Remodelers: $1,623,835.
- 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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