Merlin Printing Enterprises Inc
Merlin Printing Enterprises Inc, located in Rochester, NY, is a commercial screen printing business. The company was financed with an SBA 7(a) loan for a change of ownership of $3 million, approved on April 3, 2025 by Genesee Regional Bank.
SBA 7(a) loan, change of ownership, approved Apr 3, 2025
$3,000,000 approvedLender: Genesee Regional Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,000,000
- SBA-guaranteed amount
- $2,250,000 (75% of the approval)
- Lender
- Genesee Regional Bank, Rochester, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- April 3, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $35,611 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 323113, Commercial Screen Printing
- Project location
- Monroe County, NY
- SBA district office
- Buffalo District Office
- Congressional district
- NY-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 80% of acquisition loans in Commercial Screen Printing on this site.
- Average acquisition loan in Commercial Screen Printing: $1,602,852.
- Average acquisition loan in New York: $1,771,512.
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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