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Holdsworth & Nicholas, Inc.

San Antonio, TX · Advertising Agencies · NAICS 541810

Holdsworth & Nicholas, Inc. is an advertising agency in San Antonio, Texas, classified under NAICS 541810 (Advertising Agencies). The company was financed with an SBA 7(a) loan for a change of ownership, approved on September 12, 2024, in the amount of $1,002,000 through The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Sep 12, 2024

$1,002,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,002,000
SBA-guaranteed amount
$751,500 (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
8.95%, fixed
Term
10 years (120 months)
Estimated maturity
September 12, 2034 (estimated, approval date plus term)
Estimated monthly payment
$12,666 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
541810, Advertising Agencies
Project location
Bexar County, TX
SBA district office
San Antonio District Office
Congressional district
TX-20
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 35% of acquisition loans in Advertising Agencies on this site.
  • Average acquisition loan in Advertising Agencies: $1,888,400.
  • Average acquisition loan in Texas: $1,944,682.

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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