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Florida Breaker and LED

Delray Beach, FL · Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers · NAICS 423610

Florida Breaker and LED is a business in Delray Beach, Florida, operating in the electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers industry (NAICS 423610). It was financed with an SBA 7(a) loan for a change of ownership of $623,700 from U.S. Bank, National Association, with a 2026-08-07 approval date.

SBA 7(a) loan, change of ownership, approved Aug 7, 2026

$623,700 approvedLender: U.S. Bank, National Association10 years termCommitted, not fully disbursedLoan details
Gross approval
$623,700
SBA-guaranteed amount
$467,775 (75% of the approval)
Lender
U.S. Bank, National Association, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.6%, fixed
Term
10 years (120 months)
Estimated maturity
August 7, 2036 (estimated, approval date plus term)
Estimated monthly payment
$7,766 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
4
Business type
Corporation
NAICS
423610, Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
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 5% of acquisition loans in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers on this site.
  • Average acquisition loan in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers: $1,962,200.
  • 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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Same industry in Florida