Islamorada Pool Service & Maintenance, LLC
Islamorada Pool Service & Maintenance, LLC is a business in Islamorada, Florida, in the All Other Specialty Trade Contractors industry (NAICS 238990). It was financed with an SBA 7(a) loan for a change of ownership totaling $1,572,000, approved on March 18, 2025, through T Bank, National Association, and the loan lists 12 jobs.
SBA 7(a) loan, change of ownership, approved Mar 18, 2025
$1,572,000 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,572,000
- SBA-guaranteed amount
- $1,179,000 (75% of the approval)
- Lender
- T Bank, National Association, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,341 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Monroe County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 51% 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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