Crome Group Wo, LLC
Crome Group Wo, LLC is a business in South Bend, Indiana, in the outdoor power equipment retailers industry. It was financed with an SBA 7(a) loan for a change of ownership totaling $3,086,900, approved through Centier Bank with an approval date of September 28, 2026.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
$3,086,900 approvedLender: Centier Bank124 months termCommitted, not fully disbursedLoan details
- Gross approval
- $3,086,900
- SBA-guaranteed amount
- $2,315,175 (75% of the approval)
- Lender
- Centier Bank, Whiting, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years, 4 months (124 months)
- Estimated maturity
- January 28, 2037 (estimated, approval date plus term)
- Estimated monthly payment
- $36,664 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 444230, Outdoor Power Equipment Retailers
- Project location
- St Joseph County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Outdoor Power Equipment Retailers on this site.
- Average acquisition loan in Outdoor Power Equipment Retailers: $1,637,484.
- 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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