Alabama Aquarium and Pond Service, Inc.
Alabama Aquarium and Pond Service, Inc. is a business located in Columbiana, Alabama, classified under the industry Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) with NAICS code 541715. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,276,500, approved on March 26, 2026 by SouthState Bank, National Association.
SBA 7(a) loan, change of ownership, approved Mar 26, 2026
$2,276,500 approvedLender: SouthState Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,276,500
- SBA-guaranteed amount
- $1,707,375 (75% of the approval)
- Lender
- SouthState Bank, National Association, Winter Haven, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $28,531 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 541715, Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- Project location
- Shelby County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology): $1,523,500.
- Average acquisition loan in Alabama: $1,764,717.
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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