Vphs SW FL Flooring LLC
Vphs SW FL Flooring LLC is located in Fort Myers, FL, and the SBA lists its industry as Floor Covering Retailers. It was approved for an SBA 7(a) loan of $3,413,000 for a change of ownership on September 9, 2024.
SBA 7(a) loan, change of ownership, approved Sep 9, 2024
- Gross approval
- $3,413,000
- SBA-guaranteed amount
- $2,559,750 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 9, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $47,985 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 4, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 449121, Floor Covering Retailers
- Project location
- Lee County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-19
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% of acquisition loans in Floor Covering Retailers on this site.
- Average acquisition loan in Floor Covering Retailers: $2,205,596.
- 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
- Sanford Floors LLC, Debary
- Push Thru LLC, Winter Park