Prime IV Hydration and Wellness Pensacola
Prime IV Hydration and Wellness Pensacola is a business in Pensacola, Florida, in the Other Personal Care Services industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1.2 million, approved on May 6, 2025 by Newtek Bank, National Association.
SBA 7(a) loan, change of ownership, approved May 6, 2025
$1,200,000 approvedLender: Newtek Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,200,000
- SBA-guaranteed amount
- $900,000 (75% of the approval)
- Lender
- Newtek Bank, National Association, Miami, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 6, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,192 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Project location
- Escambia 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 61% of acquisition loans in Other Personal Care Services on this site.
- Average acquisition loan in Other Personal Care Services: $1,410,088.
- 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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