LM&SL Ventures LLC
LM&SL Ventures LLC is a business in North Bend, Ohio, in the supermarkets and other grocery retailers industry (except convenience retailers). The company was financed with an SBA 7(a) loan for a change of ownership of $950,000, approved on July 1, 2026, through Civista Bank.
SBA 7(a) loan, change of ownership, approved Jul 1, 2026
$950,000 approvedLender: Civista Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $950,000
- SBA-guaranteed amount
- $855,000 (90% of the approval)
- Lender
- Civista Bank, Sandusky, OH
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 1, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,163 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- 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 36% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- 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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