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Blue Shores Group, LLC

Stuart, FL · Other Services Related to Advertising · NAICS 541890

Blue Shores Group, LLC is located in Stuart, Florida, and operates in the other services related to advertising industry (NAICS 541890). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,765,000 from First Bank of Central Ohio and an approval date of February 25, 2024.

SBA 7(a) loan, change of ownership, approved Feb 25, 2024

$1,765,000 approvedLender: First Bank of Central Ohio112 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,765,000
SBA-guaranteed amount
$1,323,750 (75% of the approval)
Lender
First Bank of Central Ohio, Worthington, OH
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
11.25%, variable
Term
9 years, 4 months (112 months)
Estimated maturity
June 25, 2033 (estimated, approval date plus term)
Estimated monthly payment
$25,522 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 18, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
541890, Other Services Related to Advertising
Project location
Martin County, FL
SBA district office
South Florida District Office
Congressional district
FL-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 50% of acquisition loans in Other Services Related to Advertising on this site.
  • Average acquisition loan in Other Services Related to Advertising: $1,771,430.
  • 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