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H J Hauling Services, Inc.

Cincinnati, OH · General Freight Trucking, Local · NAICS 484110

H J Hauling Services, Inc. is a general freight trucking business in Cincinnati, Ohio, classified under NAICS code 484110 (General Freight Trucking, Local). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,727,200, approved on December 11, 2024 by PNC Bank, National Association, with a 120-month term and 14 jobs reported.

SBA 7(a) loan, change of ownership, approved Dec 11, 2024

$1,727,200 approvedLender: PNC Bank, National Association10 years termPaid in fullLoan details
Gross approval
$1,727,200
SBA-guaranteed amount
$1,295,400 (75% of the approval)
Lender
PNC Bank, National Association, Wilmington, DE
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.381%, fixed
Term
10 years (120 months)
Estimated maturity
December 11, 2034 (estimated, approval date plus term)
Estimated monthly payment
$20,395 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 13, 2024
Loan status
Paid in full
Jobs supported
14
Business type
Corporation
NAICS
484110, General Freight Trucking, Local
Project location
Hamilton 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)
  • Larger than 64% of acquisition loans in General Freight Trucking, Local on this site.
  • Average acquisition loan in General Freight Trucking, Local: $1,691,140.
  • 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