Casago Northern Seattle
Casago Northern Seattle, located in Baltimore, MD, operates in the residential property managers industry (NAICS 531311) and is a Casago franchise. The company was financed with an SBA 7(a) loan for a change of ownership, with two loans totaling $4,474,000, approved by First Internet Bank of Indiana on June 5, 2026, and reported 128 jobs.
SBA 7(a) loan, change of ownership, approved Jun 5, 2026
$3,974,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,974,000
- SBA-guaranteed amount
- $2,980,500 (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
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $50,880 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 128
- Business type
- Corporation
- NAICS
- 531311, Residential Property Managers
- Franchise
- Casago
- Project location
- Baltimore City County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% of acquisition loans in Residential Property Managers on this site.
- Average acquisition loan in Residential Property Managers: $1,260,244.
- Average acquisition loan in Maryland: $1,627,337.
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.
SBA 7(a) loan, change of ownership, approved Jun 5, 2026
$500,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,402 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 128
- Business type
- Corporation
- NAICS
- 531311, Residential Property Managers
- Franchise
- Casago
- Project location
- Baltimore City County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Residential Property Managers: $1,260,244.
- Average acquisition loan in Maryland: $1,627,337.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Maryland
- Milestone Management Group LLC, Germantown
- Condominium Venture Inc, Columbia