Rapid Dumpster and Recycling, LLC
Rapid Dumpster and Recycling, LLC is a business in Harrison, OH, in the industry of other commercial and industrial machinery and equipment rental and leasing. The company was financed with an SBA 7(a) loan for a change of ownership of $1,913,100, approved by The Huntington National Bank on January 30, 2026.
SBA 7(a) loan, change of ownership, approved Jan 30, 2026
$1,913,100 approvedLender: The Huntington National Bank17 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,913,100
- SBA-guaranteed amount
- $1,434,825 (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
- 8.66%, fixed
- Term
- 17 years (204 months)
- Estimated maturity
- January 30, 2043 (estimated, approval date plus term)
- Estimated monthly payment
- $17,945 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 532490, Other Commercial and Industrial Machinery and Equipment Rental and Leasing
- Project location
- Hamilton County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in Other Commercial and Industrial Machinery and Equipment Rental and Leasing on this site.
- Average acquisition loan in Other Commercial and Industrial Machinery and Equipment Rental and Leasing: $2,242,743.
- 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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