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Hand & Stone Massage and Facial Spa

Orlando, FL · All Other Personal Services · NAICS 812990

Hand & Stone Massage and Facial Spa, located in Orlando, Florida, operates in the All Other Personal Services industry (NAICS 812990). The business was financed with an SBA 7(a) loan for a change of ownership of $1.65 million, approved on February 4, 2025 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Feb 4, 2025

$1,650,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,650,000
SBA-guaranteed amount
$1,237,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.24%, variable
Term
10 years (120 months)
Estimated maturity
February 4, 2035 (estimated, approval date plus term)
Estimated monthly payment
$21,116 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 18, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
19
Business type
Corporation
NAICS
812990, All Other Personal Services
Project location
Orange County, FL
SBA district office
North Florida District Office
Congressional district
FL-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 63% of acquisition loans in All Other Personal Services on this site.
  • Average acquisition loan in All Other Personal Services: $1,504,156.
  • 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