Online Liquidation Auction LLC
Online Liquidation Auction LLC, located in Wickliffe, Ohio, operates in the All Other Miscellaneous Retailers industry (NAICS 459999). The company financed real estate or equipment through an SBA 504 loan of $1,537,000, with the SBA portion approved on July 8, 2024, and the loan was provided through JPMorgan Chase Bank, National Association with Growth Capital Corp. as the certified development company.
SBA 504 loan, approved Jul 8, 2024
$1,537,000 SBA portionCDC: Growth Capital Corp.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,537,000
- Bank portion
- $2,083,333
- Estimated project size
- $4,022,592 (estimated)
- Estimated owner equity
- $402,259 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 8, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- LLC or partnership
- NAICS
- 459999, All Other Miscellaneous Retailers
- Project location
- Lake County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-11
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 38% of expansion loans in All Other Miscellaneous Retailers on this site.
- Average expansion loan in All Other Miscellaneous Retailers: $1,970,828.
- 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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- Online Liquidation Auction LLC, Strongsville