Main Street Registry

JAC Foods LLC

Lancaster, OH · Hardware Retailers · NAICS 444140

JAC Foods LLC, located in Lancaster, Ohio, operates in the hardware retailers industry (NAICS 444140). The company was financed with an SBA 7(a) loan for a change of ownership of $747,000, approved on May 11, 2026 by First Commonwealth Bank.

SBA 7(a) loan, change of ownership, approved May 11, 2026

$747,000 approvedLender: First Commonwealth Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$747,000
SBA-guaranteed amount
$560,250 (75% of the approval)
Lender
First Commonwealth Bank, Indiana, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
May 11, 2051 (estimated, approval date plus term)
Estimated monthly payment
$5,642 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 14, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
444140, Hardware Retailers
Project location
Fairfield County, OH
SBA district office
Columbus District Office
Congressional district
OH-15
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 20% of acquisition loans in Hardware Retailers on this site.
  • Average acquisition loan in Hardware Retailers: $1,808,637.
  • 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