K. Taylor Holdings, LLC
K. Taylor Holdings, LLC, located in Brunswick, Ohio, operates in the industrial supplies merchant wholesalers industry (NAICS 423840). The company was financed with an SBA 7(a) loan for a change of ownership of $628,000, approved on January 26, 2024, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Jan 26, 2024
$628,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $628,000
- SBA-guaranteed amount
- $471,000 (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
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $8,740 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 2, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 423840, Industrial Supplies Merchant Wholesalers
- Project location
- Medina County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 10% of acquisition loans in Industrial Supplies Merchant Wholesalers on this site.
- Average acquisition loan in Industrial Supplies Merchant Wholesalers: $1,953,526.
- 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
- AARYA Partners LLC, Wadsworth
- Gemini Products, Inc., Brecksville