Ohio Glass and Aluminum Company
Ohio Glass and Aluminum Company is a flat glass manufacturing business in Marysville, Ohio, classified under NAICS 327211. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,968,000, approved on February 21, 2025, with German American Bank as the partner lender and Ohio Statewide Development Corporation as the certified development company.
SBA 504 loan, approved Feb 21, 2025
$1,968,000 SBA portionCDC: Ohio Statewide Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,968,000
- Bank portion
- $2,400,000
- Estimated project size
- $4,853,333 (estimated)
- Estimated owner equity
- $485,333 (estimated, about 10% of the project)
- Bank lender
- German American Bank, Jasper, IN
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 21, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 44
- Business type
- Corporation
- NAICS
- 327211, Flat Glass Manufacturing
- Project location
- Union County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Flat Glass Manufacturing: $2,590,400.
- Average expansion loan in Ohio: $2,096,556.
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 Ohio
- Glgw LLC, Painesville