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Accj Petersburg Spa LLC

Saint Petersburg, FL · Beauty Salons · NAICS 812112

Accj Petersburg Spa LLC is a beauty salon in Saint Petersburg, Florida, classified under NAICS 812112 (Beauty Salons) and listed as a Woodhouse Day Spa franchise. The business was financed with an SBA 7(a) loan for a change of ownership of $1,492,800, approved on April 22, 2024 by BayFirst National Bank.

SBA 7(a) loan, change of ownership, approved Apr 22, 2024

$1,492,800 approvedLender: BayFirst National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,492,800
SBA-guaranteed amount
$1,119,600 (75% of the approval)
Lender
BayFirst National Bank, Saint Petersburg, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
April 22, 2034 (estimated, approval date plus term)
Estimated monthly payment
$20,775 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
65
Business type
Corporation
NAICS
812112, Beauty Salons
Franchise
Woodhouse Day Spa / Woodhouse Spa / Woodhouse
Project location
Pinellas County, FL
SBA district office
South Florida District Office
Congressional district
FL-13
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 82% of acquisition loans in Beauty Salons on this site.
  • Average acquisition loan in Beauty Salons: $1,125,702.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida