Queen City Smb LLC
Queen City Smb LLC, located in Mason, OH, is an SBA-registered business in the All Other Specialty Trade Contractors industry (NAICS 238990). It was financed with an SBA 7(a) loan for a change of ownership of $955,700, approved on June 2, 2025 by Eclipse Bank Inc, with 7 jobs reported.
SBA 7(a) loan, change of ownership, approved Jun 2, 2025
$955,700 approvedLender: Eclipse Bank Inc10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $955,700
- SBA-guaranteed amount
- $716,775 (75% of the approval)
- Lender
- Eclipse Bank Inc, Louisville, KY
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 2, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,367 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Warren County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- 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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