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South Florida Fencing Solutions LLC

Pompano Beach, FL · All Other Specialty Trade Contractors · NAICS 238990

South Florida Fencing Solutions LLC is a business in Pompano Beach, Florida, classified under the industry All Other Specialty Trade Contractors (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,785,000, approved by Beacon Bank and Trust on September 20, 2024.

SBA 7(a) loan, change of ownership, approved Sep 20, 2024

$1,785,000 approvedLender: Beacon Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,785,000
SBA-guaranteed amount
$1,338,750 (75% of the approval)
Lender
Beacon Bank and Trust, Brookline, MA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
September 20, 2034 (estimated, approval date plus term)
Estimated monthly payment
$24,588 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 57% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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