Good Day on Tap LLC
Good Day on Tap LLC is an advertising agency located in Indianapolis, Indiana, classified under NAICS code 541810. The company was financed with an SBA 7(a) loan for a change of ownership of $1.7 million, approved on February 28, 2025, by Old National Bank.
SBA 7(a) loan, change of ownership, approved Feb 28, 2025
$1,702,900 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,702,900
- SBA-guaranteed amount
- $1,277,175 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.85%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- February 28, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,526 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- LLC or partnership
- NAICS
- 541810, Advertising Agencies
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 56% of acquisition loans in Advertising Agencies on this site.
- Average acquisition loan in Advertising Agencies: $1,888,400.
- 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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