Oie Holdings LLC
Oie Holdings LLC is a business in Fargo, North Dakota, in the All Other Business Support Services industry (NAICS 561499). It was financed with an SBA 7(a) loan for a change of ownership, with an amount of $800,000 approved by Bridgewater Bank on February 20, 2025.
SBA 7(a) loan, change of ownership, approved Feb 20, 2025
$800,000 approvedLender: Bridgewater Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $800,000
- SBA-guaranteed amount
- $600,000 (75% of the approval)
- Lender
- Bridgewater Bank, Saint Louis Park, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,919 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 561499, All Other Business Support Services
- Project location
- Cass County, ND
- SBA district office
- North Dakota District Office
- Congressional district
- ND-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Business Support Services: $1,816,156.
- Average acquisition loan in North Dakota: $1,899,142.
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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