Glades Ag Holdings LLC
Glades Ag Holdings LLC is located in Belle Glade, Florida, and its SBA-published industry is soil preparation, planting, and cultivating (NAICS 115112). The company was financed with an SBA 7(a) loan for a change of ownership of $4.6 million, approved on January 23, 2026, through Dream First Bank National Association.
SBA 7(a) loan, change of ownership, approved Jan 23, 2026
$4,646,500 approvedLender: Dream First Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,646,500
- SBA-guaranteed amount
- $3,484,875 (75% of the approval)
- Lender
- Dream First Bank National Association, Syracuse, KS
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.875%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $56,068 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 115112, Soil Preparation, Planting, and Cultivating
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Soil Preparation, Planting, and Cultivating: $2,662,550.
- 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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