B & V Capital Holdings LLC
B & V Capital Holdings LLC is a drycleaning and laundry services business (except coin-operated) located in Delray Beach, Florida. It was financed with an SBA 7(a) loan for a change of ownership totaling $607,500, approved on October 24, 2024 by First National Bank of Pennsylvania, and the loan reported 11 jobs.
SBA 7(a) loan, change of ownership, approved Oct 24, 2024
$607,500 approvedLender: First National Bank of Pennsylvania10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $607,500
- SBA-guaranteed amount
- $455,625 (75% of the approval)
- Lender
- First National Bank of Pennsylvania, Greenville, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 24, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,944 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 812320, Drycleaning and Laundry Services (except Coin-Operated)
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-21
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 29% of acquisition loans in Drycleaning and Laundry Services (except Coin-Operated) on this site.
- Average acquisition loan in Drycleaning and Laundry Services (except Coin-Operated): $1,281,569.
- 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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