OGA Industries LLC
OGA Industries LLC is a business located in Oshkosh, Wisconsin, in the industry of other miscellaneous durable goods merchant wholesalers. The company was financed with an SBA 7(a) loan for a change of ownership totaling $999,500, approved on February 25, 2025, through Old National Bank.
SBA 7(a) loan, change of ownership, approved Feb 25, 2025
$999,500 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $999,500
- SBA-guaranteed amount
- $749,625 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- February 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,864 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Winnebago County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 28% of acquisition loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average acquisition loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,301,987.
- Average acquisition loan in Wisconsin: $1,729,230.
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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