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Mangrove Landscape Management LLC

Naples, FL · Landscaping Services · NAICS 561730

Mangrove Landscape Management LLC is a landscaping services business in Naples, Florida, classified under NAICS code 561730. The company was financed with an SBA 7(a) loan for a change of ownership of $582,000, approved on October 22, 2024, through BayFirst National Bank.

SBA 7(a) loan, change of ownership, approved Oct 22, 2024

$582,000 approvedLender: BayFirst National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$582,000
SBA-guaranteed amount
$436,500 (75% of the approval)
Lender
BayFirst National Bank, Saint Petersburg, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
October 22, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,611 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
561730, Landscaping Services
Project location
Collier County, FL
SBA district office
South Florida District Office
Congressional district
FL-19
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 6% of acquisition loans in Landscaping Services on this site.
  • Average acquisition loan in Landscaping Services: $1,520,772.
  • 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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