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OneTarget Landscaping LLC

Hilliard, OH · Landscaping Services · NAICS 561730

OneTarget Landscaping LLC is a landscaping services business in Hilliard, Ohio, classified under NAICS code 561730 (Landscaping Services). The company was financed with an SBA 7(a) loan for a change of ownership, totaling $1.64 million, approved on March 19, 2024 by Port 51 Lending LLC.

SBA 7(a) loan, change of ownership, approved Mar 19, 2024

$1,640,000 approvedLender: Port 51 Lending LLC25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,640,000
SBA-guaranteed amount
$1,230,000 (75% of the approval)
Lender
Port 51 Lending LLC, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
25 years (300 months)
Estimated maturity
March 19, 2049 (estimated, approval date plus term)
Estimated monthly payment
$16,074 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 1, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
39
Business type
Corporation
NAICS
561730, Landscaping Services
Project location
Franklin County, OH
SBA district office
Columbus District Office
Congressional district
OH-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% of acquisition loans in Landscaping Services on this site.
  • Average acquisition loan in Landscaping Services: $1,520,772.
  • 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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Same industry in Ohio