Main Street Registry

Casara Investments LLC

Palmetto, FL · Local Messengers and Local Delivery · NAICS 492210

Casara Investments LLC, located in Palmetto, Florida, operates in the local messengers and local delivery industry (NAICS 492210). The business was financed with an SBA 7(a) loan for a change of ownership of $684,000, approved on August 21, 2024, through The Huntington National Bank. The loan is associated with a franchise, The UPS Store, and reports 5 jobs.

SBA 7(a) loan, change of ownership, approved Aug 21, 2024

$684,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$684,000
SBA-guaranteed amount
$513,000 (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
11%, variable
Term
10 years (120 months)
Estimated maturity
August 21, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,422 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 4, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
492210, Local Messengers and Local Delivery
Franchise
The UPS Store
Project location
Manatee County, FL
SBA district office
South Florida District Office
Congressional district
FL-16
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 5% of acquisition loans in Local Messengers and Local Delivery on this site.
  • Average acquisition loan in Local Messengers and Local Delivery: $1,639,155.
  • 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