Crown Hardware & Plumbing Supply Inc
Crown Hardware & Plumbing Supply Inc is a hardware retailer in Milwaukee, Wisconsin, in the Hardware Retailers industry. It was financed with an SBA 7(a) loan for a change of ownership of $1.33 million from The Huntington National Bank, approved on May 7, 2025.
SBA 7(a) loan, change of ownership, approved May 7, 2025
$1,330,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,330,000
- SBA-guaranteed amount
- $997,500 (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
- 7.6%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- May 7, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $9,915 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Project location
- Milwaukee County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 46% of acquisition loans in Hardware Retailers on this site.
- Average acquisition loan in Hardware Retailers: $1,808,637.
- Average acquisition loan in Wisconsin: $1,729,230.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Wisconsin
- Kenosha Hardware South LLC, Kenosha
- Kenosha Hardware Holding South LLC, Kenosha
- Hahn Ace Hardware, Mequon
- Mkg Ace LLC, Adams
- Kenosha Hardware North, LLC, Kenosha
- Kimps Ace Hardware, Wrightstown
- Hoop's Hardware, Inc., De Pere
- BP & Sons Hardware, Inc., Amery