Veritas Logistics, LLC
Veritas Logistics, LLC is a freight transportation arrangement business located in Cincinnati, Ohio, classified under NAICS code 488510. The company was financed with an SBA 7(a) loan for a change of ownership, with two loans totaling $2,578,500 approved by The Huntington National Bank on February 25, 2026.
SBA 7(a) loan, change of ownership, approved Feb 25, 2026
- Gross approval
- $2,078,500
- SBA-guaranteed amount
- $1,558,875 (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
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 25, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $25,770 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 488510, Freight Transportation Arrangement
- Project location
- Hamilton County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 41% of acquisition loans in Freight Transportation Arrangement on this site.
- Average acquisition loan in Freight Transportation Arrangement: $2,442,765.
- 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.
SBA 7(a) loan, change of ownership, approved Feb 25, 2026
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 25, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,199 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 488510, Freight Transportation Arrangement
- Project location
- Hamilton County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Freight Transportation Arrangement: $2,442,765.
- 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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Same industry in Ohio
- 828 Logistics LLC, Cincinnati
- J Boren & Son's Logistics, LLC, Dublin