Brittania Electric II LLC
Brittania Electric II LLC, located in Fort Myers, Florida, operates in electrical contracting and other wiring installation, NAICS 238210. It was financed with an SBA 7(a) loan for a change of ownership of $1,445,000 from Gulf Coast Business Bank, approved on December 2, 2025.
SBA 7(a) loan, change of ownership, approved Dec 2, 2025
$1,445,000 approvedLender: Gulf Coast Business Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,445,000
- SBA-guaranteed amount
- $1,083,750 (75% of the approval)
- Lender
- Gulf Coast Business Bank, Fort Myers, FL
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 2, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $18,698 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 238210, Electrical Contractors and Other Wiring Installation Contractors
- Project location
- Lee County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-19
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 47% of acquisition loans in Electrical Contractors and Other Wiring Installation Contractors on this site.
- Average acquisition loan in Electrical Contractors and Other Wiring Installation Contractors: $1,890,316.
- 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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