Snyder Energy Services, LLC
Snyder Energy Services, LLC is located in Salem, Ohio, and operates in support activities for oil and gas operations (NAICS 213112). The company was financed with an SBA 7(a) loan for a change of ownership of $731,000, approved on January 29, 2026, through American Momentum Bank.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
$731,000 approvedLender: American Momentum Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $731,000
- SBA-guaranteed amount
- $548,250 (75% of the approval)
- Lender
- American Momentum Bank, College Station, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,966 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 26, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 213112, Support Activities for Oil and Gas Operations
- Project location
- Columbiana County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Support Activities for Oil and Gas Operations: $2,412,200.
- Average acquisition loan in Ohio: $1,840,340.
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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