North Florida Gymnastics & Cheerleading
North Florida Gymnastics & Cheerleading is a sports and recreation instruction business in Jacksonville, Florida, classified under NAICS code 611620. The company was financed with an SBA 7(a) loan for a change of ownership of $977,000, approved on January 16, 2026, by BankUnited, National Association.
SBA 7(a) loan, change of ownership, approved Jan 16, 2026
$977,000 approvedLender: BankUnited, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $977,000
- SBA-guaranteed amount
- $732,750 (75% of the approval)
- Lender
- BankUnited, National Association, Miami Lakes, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 16, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,854 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 611620, Sports and Recreation Instruction
- Project location
- Duval County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in Sports and Recreation Instruction on this site.
- Average acquisition loan in Sports and Recreation Instruction: $1,698,356.
- 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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