Mach 5 Closets, Inc.
Mach 5 Closets, Inc. is located in Jeannette, PA, and the SBA lists its industry as Wood Kitchen Cabinet and Countertop Manufacturing. It was approved for an SBA 7(a) loan of $1,248,000 for a change of ownership on May 8, 2026.
SBA 7(a) loan, change of ownership, approved May 8, 2026
- Gross approval
- $1,248,000
- SBA-guaranteed amount
- $936,000 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $15,978 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 9, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 337110, Wood Kitchen Cabinet and Countertop Manufacturing
- Franchise
- Closet Factory
- Project location
- Westmoreland County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 35% of acquisition loans in Wood Kitchen Cabinet and Countertop Manufacturing on this site.
- Average acquisition loan in Wood Kitchen Cabinet and Countertop Manufacturing: $1,828,277.
- Average acquisition loan in Pennsylvania: $1,636,965.
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 Pennsylvania
- A.J. Marion Enterprises, Inc., Darby
- A & K Counter LLC, Harrisburg