Angelina Granite Marble
Angelina Granite Marble is an Other Building Finishing Contractor in Bradenton, FL, classified under NAICS 238390. The company was financed with an SBA 7(a) loan for a change of ownership of $1.339 million, approved on January 17, 2025, through First Internet Bank of Indiana. The loan reports 22 jobs.
SBA 7(a) loan, change of ownership, approved Jan 17, 2025
$1,339,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,339,000
- SBA-guaranteed amount
- $1,004,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 17, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $17,881 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 238390, Other Building Finishing Contractors
- Project location
- Manatee County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 62% of acquisition loans in Other Building Finishing Contractors on this site.
- Average acquisition loan in Other Building Finishing Contractors: $1,603,650.
- 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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