Ohio Industrial Sales, LLC
Ohio Industrial Sales, LLC, located in Twinsburg, Ohio, operates in the Other Miscellaneous Durable Goods Merchant Wholesalers industry. The company was financed with an SBA 7(a) loan for a change of ownership of $3.7 million, approved on January 29, 2026, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
$3,743,500 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,743,500
- SBA-guaranteed amount
- $2,807,625 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.15%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $45,716 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Summit County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 75% 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 Ohio: $1,840,340.
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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