Pleasure Island Self Storage, LLC
Pleasure Island Self Storage, LLC, located in Carolina Beach, NC, operates in the lessors of miniwarehouses and self-storage units industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,000,000, with Harvest Small Business Finance, LLC as the lender and an approval date of July 1, 2026.
SBA 7(a) loan, change of ownership, approved Jul 1, 2026
$2,000,000 approvedLender: Harvest Small Business Finance, LLC25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,000,000
- SBA-guaranteed amount
- $1,500,000 (75% of the approval)
- Lender
- Harvest Small Business Finance, LLC, Laguna Hills, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 1, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $17,474 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 531130, Lessors of Miniwarehouses and Self-Storage Units
- Project location
- New Hanover County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 79% of acquisition loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
- Average acquisition loan in Lessors of Miniwarehouses and Self-Storage Units: $1,454,898.
- Average acquisition loan in North Carolina: $1,952,444.
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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