Emrath Properties LLC
Emrath Properties LLC is located in Louisville, KY, and the SBA lists its industry as Residential Remodelers. It was approved for an SBA 7(a) loan of $1,026,000 for a change of ownership on September 30, 2025.
SBA 7(a) loan, change of ownership, approved Sep 30, 2025
- Gross approval
- $1,026,000
- SBA-guaranteed amount
- $769,500 (75% of the approval)
- Lender
- RiverHills Bank, Milford, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $8,262 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 236118, Residential Remodelers
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 42% of acquisition loans in Residential Remodelers on this site.
- Average acquisition loan in Residential Remodelers: $1,623,835.
- Average acquisition loan in Kentucky: $1,988,993.
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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