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Owner Rental Group Ocean Reef Inc

Key Largo, FL · Residential Property Managers · NAICS 531311

Owner Rental Group Ocean Reef Inc, located in Key Largo, FL, is classified under the industry Residential Property Managers (NAICS 531311). The company was financed with an SBA 7(a) loan for a change of ownership of $1,067,500, approved on November 18, 2025, through Midwest BankCentre, and the SBA-published record lists 5 jobs.

SBA 7(a) loan, change of ownership, approved Nov 18, 2025

$1,067,500 approvedLender: Midwest BankCentre10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,067,500
SBA-guaranteed amount
$800,625 (75% of the approval)
Lender
Midwest BankCentre, Saint Louis, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
November 18, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,379 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 23, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
531311, Residential Property Managers
Project location
Monroe County, FL
SBA district office
South Florida District Office
Congressional district
FL-26
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 55% of acquisition loans in Residential Property Managers on this site.
  • Average acquisition loan in Residential Property Managers: $1,260,244.
  • 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