Florida Fleet Auto Glass LLC
Florida Fleet Auto Glass LLC, located in Temple Terrace, FL, operates in the automotive parts and accessories retail industry (NAICS 441330). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $565,000, with First National Bank of Pennsylvania as the lender and an approval date of July 3, 2024.
SBA 7(a) loan, change of ownership, approved Jul 3, 2024
$565,000 approvedLender: First National Bank of Pennsylvania10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $565,000
- SBA-guaranteed amount
- $423,750 (75% of the approval)
- Lender
- First National Bank of Pennsylvania, Greenville, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.95%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 3, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,451 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- Hillsborough County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 9% of acquisition loans in Automotive Parts and Accessories Retailers on this site.
- Average acquisition loan in Automotive Parts and Accessories Retailers: $1,270,623.
- 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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