Boathouse Marine, Inc
Boathouse Marine, Inc is located in West Palm Beach, FL, and the SBA lists its industry as Boat Dealers. It was approved for an SBA 7(a) loan of $3,028,000 for a change of ownership on November 13, 2025. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Nov 13, 2025
- Gross approval
- $3,028,000
- SBA-guaranteed amount
- $2,271,000 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.6%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- November 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $36,101 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 441222, Boat Dealers
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-18
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Boat Dealers: $2,424,571.
- 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.
SBA 7(a) loan, change of ownership, approved Nov 13, 2025
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,402 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 441222, Boat Dealers
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-18
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Boat Dealers: $2,424,571.
- 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
- Kamack Marine LLC, Saint Petersburg