OK Truckbeds LLC
OK Truckbeds LLC is a truck trailer manufacturer in Wayne, Oklahoma. The company was financed with an SBA 7(a) loan for a change of ownership of $4.3 million, approved on August 22, 2025, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Aug 22, 2025
$4,342,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,342,000
- SBA-guaranteed amount
- $3,256,500 (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
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $56,184 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 336212, Truck Trailer Manufacturing
- Project location
- Mcclain County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Truck Trailer Manufacturing: $3,389,875.
- Average acquisition loan in Oklahoma: $1,861,759.
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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