Patriot Property Enhancement & Services LLC
Patriot Property Enhancement & Services LLC is a landscaping services business in Destin, FL, classified under NAICS 561730. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,932,000, approved on December 22, 2025, through lender VelocitySBA, LLC.
SBA 7(a) loan, change of ownership, approved Dec 22, 2025
$1,932,000 approvedLender: VelocitySBA, LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,932,000
- SBA-guaranteed amount
- $1,449,000 (75% of the approval)
- Lender
- VelocitySBA, LLC, Irving, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $25,000 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Okaloosa County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 75% 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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