Rebholz Enterprises Inc.
Rebholz Enterprises Inc. is a janitorial services business in Mccordsville, Indiana, classified under NAICS code 561720. The company was financed with an SBA 7(a) loan for a change of ownership of $870,000, approved on June 11, 2024 through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Jun 11, 2024
$870,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $870,000
- SBA-guaranteed amount
- $652,500 (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
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 11, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $11,861 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 26, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 561720, Janitorial Services
- Project location
- Hancock County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in Janitorial Services on this site.
- Average acquisition loan in Janitorial Services: $1,070,529.
- Average acquisition loan in Indiana: $1,995,900.
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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