Redbarn Equipment Sales & Service Inc.
Redbarn Equipment Sales & Service Inc. is an industrial machinery and equipment merchant wholesaler located in Oakdale, California. The company was financed with an SBA 7(a) loan for a change of ownership, approved in August 2025 in the amount of $1,119,200 through U.S. Bank, National Association.
SBA 7(a) loan, change of ownership, approved Aug 12, 2025
$1,119,200 approvedLender: U.S. Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,119,200
- SBA-guaranteed amount
- $839,400 (75% of the approval)
- Lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.41%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,233 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 423830, Industrial Machinery and Equipment Merchant Wholesalers
- Project location
- Stanislaus County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 14% of acquisition loans in Industrial Machinery and Equipment Merchant Wholesalers on this site.
- Average acquisition loan in Industrial Machinery and Equipment Merchant Wholesalers: $2,384,497.
- Average acquisition loan in California: $1,688,228.
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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