Florida Coast Partners, LLC
Florida Coast Partners, LLC is located in Fort Walton Beach, FL, and the SBA lists its industry as Remediation Services. It was approved for an SBA 7(a) loan of $2,900,000 for a change of ownership on September 28, 2026.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
- Gross approval
- $2,900,000
- SBA-guaranteed amount
- $1,682,000 (58% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $35,569 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 562910, Remediation Services
- Franchise
- Servpro
- Project location
- Okaloosa County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 80% of acquisition loans in Remediation Services on this site.
- Average acquisition loan in Remediation Services: $1,662,217.
- 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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