Earthworks Outdoor Inc.
Earthworks Outdoor Inc. is a landscaping services business located in Fishers, Indiana, operating in the NAICS 561730 industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $990,000, approved on February 18, 2026, through Citizens State Bank of New Castle, with 11 jobs reported.
SBA 7(a) loan, change of ownership, approved Feb 18, 2026
$990,000 approvedLender: Citizens State Bank of New Castle20 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $990,000
- SBA-guaranteed amount
- $742,500 (75% of the approval)
- Lender
- Citizens State Bank of New Castle, New Castle, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.5%, variable
- Term
- 20 years (240 months)
- Estimated maturity
- February 18, 2046 (estimated, approval date plus term)
- Estimated monthly payment
- $8,591 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Hamilton County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 39% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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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Same industry in Indiana
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