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Water Medic of Southwest Florida Inc.

Cape Coral, FL · All Other Specialty Trade Contractors · NAICS 238990

Water Medic of Southwest Florida Inc. is a specialty trade contractor in Cape Coral, Florida, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $4,326,100, provided by Live Oak Banking Company with an approval date of September 16, 2026.

SBA 7(a) loan, change of ownership, approved Sep 16, 2026

$4,326,100 approvedLender: Live Oak Banking Company13 years termCommitted, not fully disbursedLoan details
Gross approval
$4,326,100
SBA-guaranteed amount
$3,244,575 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
13 years (156 months)
Estimated maturity
September 16, 2039 (estimated, approval date plus term)
Estimated monthly payment
$44,692 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
99
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Lee County, FL
SBA district office
South Florida District Office
Congressional district
FL-19
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 93% 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