Sign Image II, Inc.
Sign Image II, Inc. is a business in Saginaw, Michigan, classified under the industry Other Specialized Design Services (NAICS 541490). The company was financed with an SBA 7(a) loan for a change of ownership of $975,000, approved on August 13, 2025, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Aug 13, 2025
- Gross approval
- $975,000
- SBA-guaranteed amount
- $731,250 (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
- 6.24%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- August 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,942 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
- 9
- Business type
- Corporation
- NAICS
- 541490, Other Specialized Design Services
- Project location
- Saginaw County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Specialized Design Services: $1,744,333.
- Average acquisition loan in Michigan: $1,645,728.
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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