National Home Products, LLC
National Home Products, LLC is a home centers business in Springfield, Missouri, classified under NAICS code 444110. The company was financed with an SBA 7(a) loan for a change of ownership of $767,700, approved on September 30, 2024, by OMB Bank.
SBA 7(a) loan, change of ownership, approved Sep 30, 2024
$767,700 approvedLender: OMB Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $767,700
- SBA-guaranteed amount
- $575,775 (75% of the approval)
- Lender
- OMB Bank, Springfield, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,532 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 25, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 444110, Home Centers
- Project location
- Greene County, MO
- SBA district office
- Kansas City District Office
- Congressional district
- MO-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Home Centers: $1,524,271.
- Average acquisition loan in Missouri: $1,584,414.
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 Missouri
- Pruitt Home Improvement Enterprises, LLC, West Plains