Jaw & Kaw, LLC
Jaw & Kaw, LLC, located in Louisville, Kentucky, operates in the electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers industry (NAICS 423610). The company was financed with an SBA 7(a) loan for a change of ownership of $4.62 million, approved by Live Oak Banking Company on January 31, 2025, with a 10-year term and 20 jobs reported.
SBA 7(a) loan, change of ownership, approved Jan 31, 2025
$4,620,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,620,000
- SBA-guaranteed amount
- $3,465,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 31, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $57,901 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 423610, Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 90% of acquisition loans in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers on this site.
- Average acquisition loan in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers: $1,962,200.
- Average acquisition loan in Kentucky: $1,988,993.
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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