LKN Small Engine, LLC has officially initiated bankruptcy proceedings through a Chapter 11 filing. The Mooresville, North Carolina-based outdoor power equipment company has made this move as its liabilities outweigh its assets.
Note: Chapter 11 bankruptcy allows eligible businesses to reorganize their debts while continuing operations under court supervision. A filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.
LKN Small Engine, LLC Enters Bankruptcy
The company made its filing on August 13, 2026 in the U.S. Bankruptcy Court for the Western District of North Carolina. Case records categorized LKN Small Engine, LLC as a small business debtor, adding that it chose to proceed under Subchapter V of Chapter 11. Subchapter V provides a streamlined process for eligible small businesses undergoing Chapter 11 reorganization.
The records added that Jared M. Washington, the member/president of the company, signed the petition before it was filed. Attorney Melanie D. Johnson Raubach of Hamilton Stephens Steele + Martin, PLLC is representing the company in the case.
Highlights from the Petition
Court filings, as available on PACER, include a summary of assets and liabilities, which shows a gap between the two. While the total liabilities of LKN Small Engine, LLC are estimated to be $664,324, its total assets are around $166,068.
The company’s filings also have a list of unsecured creditors who made the largest claims. These include American Express National Bank, Carswell Distributing, DLL Finance LLC, Huntington Distribution Finance, Truist Bank, and others.
The records suggest that funds will be available for the unsecured creditors.
A few more details are summarized below:
- Filing Date: August 13, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Western District of North Carolina
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-50332
- Estimated Assets: Between $100,001 and $500,000
- Estimated Liabilities: Between $500,001 and $1 million
- Estimated Creditors: 1-49
About the Company
LKN Small Engine, LLC serves as a sales and service provider of outdoor power equipment. Its offerings include both residential and commercial items. Some of these are lawn mowers, chainsaws, zero-turn mowers, generators, trimmers, construction equipment, and agricultural tractors. It also offers parts and accessories for outdoor power equipment.
The company’s offerings cater to landscapers, homeowners, contractors, farmers, and other businesses.
The company website shows that it also provides repair, servicing, and maintenance for small engines and different power equipment. Other services include pickup and delivery and commercial equipment maintenance support.
LKN Small Engine’s filing marks a crucial step toward addressing its financial obligations while continuing regular services.
