Restorology, LLC
Restorology, LLC is located in New Albany, Indiana, and operates in the other personal and household goods repair and maintenance industry. The company was financed with an SBA 7(a) loan for a change of ownership, with two approvals from Centier Bank dated September 2, 2026 and September 4, 2026, totaling $2,706,500. The loans report 35 jobs.
SBA 7(a) loan, change of ownership, approved Sep 4, 2026
- Gross approval
- $2,206,500
- SBA-guaranteed amount
- $1,654,875 (75% of the approval)
- Lender
- Centier Bank, Whiting, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years, 2 months (122 months)
- Estimated maturity
- November 4, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $26,193 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Project location
- Floyd County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 78% of acquisition loans in Other Personal and Household Goods Repair and Maintenance on this site.
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- 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.
SBA 7(a) loan, change of ownership, approved Sep 2, 2026
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Centier Bank, Whiting, IN
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 7.75%, variable
- Term
- 7 years (84 months)
- Estimated maturity
- September 2, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $7,731 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Project location
- Floyd County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- 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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Same industry in Indiana
- Servicemaster By Crossroads, Indianapolis