Enterprize Marine LLC
Enterprize Marine LLC is located in Fort Lauderdale, FL, and the SBA lists its industry as Other Personal and Household Goods Repair and Maintenance. It was approved for an SBA 7(a) loan of $3,233,000 for a change of ownership on May 6, 2024.
SBA 7(a) loan, change of ownership, approved May 6, 2024
- Gross approval
- $3,233,000
- SBA-guaranteed amount
- $2,424,750 (75% of the approval)
- Lender
- Customers Bank, Malvern, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 6, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $41,834 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 811490, Other Personal and Household Goods Repair and Maintenance
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-22
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in Other Personal and Household Goods Repair and Maintenance on this site.
- Average acquisition loan in Other Personal and Household Goods Repair and Maintenance: $1,433,570.
- 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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