North Gate Federal Contracting Inc
North Gate Federal Contracting Inc, located in Clearwater, Florida, operates in the other management consulting services industry (NAICS 541618). The company was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved by Pathward National Association with an approval date of July 15, 2026.
SBA 7(a) loan, change of ownership, approved Jul 15, 2026
$5,000,000 approvedLender: Pathward National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 15, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $64,699 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 541618, Other Management Consulting Services
- Project location
- Pinellas County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 90% of acquisition loans in Other Management Consulting Services on this site.
- Average acquisition loan in Other Management Consulting Services: $1,644,465.
- 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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