Screw & Supply, LLC
Screw & Supply, LLC is a hardware merchant wholesaler located in Holbrook, NY, classified under NAICS code 423710. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,185,000, approved by First Internet Bank of Indiana on July 17, 2025.
SBA 7(a) loan, change of ownership, approved Jul 17, 2025
$1,185,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,185,000
- SBA-guaranteed amount
- $888,750 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 17, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,660 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 423710, Hardware Merchant Wholesalers
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Hardware Merchant Wholesalers on this site.
- Average acquisition loan in Hardware Merchant Wholesalers: $2,843,818.
- Average acquisition loan in New York: $1,771,512.
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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