Main Street Registry

McCoy Family Exteriors LLC

Winter Park, FL · Landscaping Services · NAICS 561730

McCoy Family Exteriors LLC, located in Winter Park, Florida, operates in landscaping services. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $4,009,000, approved on September 16, 2024, through Customers Bank.

SBA 7(a) loan, change of ownership, approved Sep 16, 2024

$4,009,000 approvedLender: Customers Bank14 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,009,000
SBA-guaranteed amount
$3,006,750 (75% of the approval)
Lender
Customers Bank, Malvern, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
14 years (168 months)
Estimated maturity
September 16, 2038 (estimated, approval date plus term)
Estimated monthly payment
$43,232 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 1, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
Corporation
NAICS
561730, Landscaping 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 96% 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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Same industry in Florida