Everleigh Rose, LLC
Everleigh Rose, LLC is located in Lebanon, OH, and the SBA lists its industry as Beauty Salons. It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on December 1, 2023.
SBA 7(a) loan, change of ownership, approved Dec 1, 2023
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (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
- 8.99%, fixed
- Term
- 18 years (216 months)
- Estimated maturity
- December 1, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $4,679 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 13, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 812112, Beauty Salons
- Project location
- Warren County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Beauty Salons: $1,125,702.
- 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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Same industry in Ohio
- Schlachta-Johnston Enterprises, LLC, Loveland