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OllieWood Holdings, LLC

Cincinnati, OH · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

OllieWood Holdings, LLC is a business in Cincinnati, Ohio, in the plumbing, heating, and air-conditioning contractors industry (NAICS 238220). The company financed real estate or equipment through an SBA 504 loan of $2,049,000 approved on November 2, 2023, with Heritage Bank Inc as the lender and Alloy Development Co., Inc. as the certified development company.

SBA 504 loan, approved Nov 2, 2023

$2,049,000 SBA portionCDC: Alloy Development Co., Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,049,000
Bank portion
$2,394,800
Estimated project size
$4,937,556 (estimated)
Estimated owner equity
$493,756 (estimated, about 10% of the project)
Bank lender
Heritage Bank Inc, Burlington, KY
CDC
Alloy Development Co., Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 2, 2048 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Hamilton County, OH
SBA district office
Columbus District Office
Congressional district
OH-2
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 64% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
  • Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
  • 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