Freeda Holdings, LLC
Freeda Holdings, LLC is a business in Defiance, OH in the industry of lessors of miniwarehouses and self-storage units (NAICS 531130). The company was financed with an SBA 7(a) loan for a change of ownership of $2,047,000, approved on March 6, 2025 through Bank Five Nine.
SBA 7(a) loan, change of ownership, approved Mar 6, 2025
$2,047,000 approvedLender: Bank Five Nine306 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,047,000
- SBA-guaranteed amount
- $1,535,250 (75% of the approval)
- Lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years, 6 months (306 months)
- Estimated maturity
- September 6, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $16,045 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 531130, Lessors of Miniwarehouses and Self-Storage Units
- Project location
- Defiance County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 81% of acquisition loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
- Average acquisition loan in Lessors of Miniwarehouses and Self-Storage Units: $1,454,898.
- 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
- Mansfield Premier Storage LLC, Mansfield
- Delphos Premier Storage LLC, Delphos