Main Street Registry

Glasgow Equipment Service

Mangonia Park, FL · All Other Specialty Trade Contractors · NAICS 238990

Glasgow Equipment Service is an All Other Specialty Trade Contractors business (NAICS 238990) located in Mangonia Park, Florida. The company was financed with an SBA 7(a) loan for a change of ownership, approved in the amount of $2,234,000 by Climate First Bank with a date of August 7, 2026.

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

$2,234,000 approvedLender: Climate First Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$2,234,000
SBA-guaranteed amount
$1,675,500 (75% of the approval)
Lender
Climate First Bank, St. Petersburg, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
August 7, 2036 (estimated, approval date plus term)
Estimated monthly payment
$27,998 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
7
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Palm Beach County, FL
SBA district office
South Florida District Office
Congressional district
FL-18
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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