Freedom Brands Inc
Freedom Brands Inc is located in Lewis Center, OH, and the SBA lists its industry as Wholesale Trade Agents and Brokers. It was approved for an SBA 7(a) loan of $2,120,000 for a change of ownership on June 11, 2026.
SBA 7(a) loan, change of ownership, approved Jun 11, 2026
- Gross approval
- $2,120,000
- SBA-guaranteed amount
- $1,590,000 (75% of the approval)
- Lender
- Milestone Bank, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 11, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $27,432 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 25, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 425120, Wholesale Trade Agents and Brokers
- Project location
- Delaware County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 82% of acquisition loans in Wholesale Trade Agents and Brokers on this site.
- Average acquisition loan in Wholesale Trade Agents and Brokers: $1,322,545.
- 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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