Cothern Marketing, Inc.
Cothern Marketing, Inc. is a sign manufacturing business in West Palm Beach, Florida, classified under NAICS 339950. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $850,000, approved by Baybank on May 15, 2025. The business is listed as a FASTSIGNS franchise and reports 13 jobs.
SBA 7(a) loan, change of ownership, approved May 15, 2025
$850,000 approvedLender: Baybank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $850,000
- SBA-guaranteed amount
- $637,500 (75% of the approval)
- Lender
- Baybank, Gladstone, MI
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,767 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 339950, Sign Manufacturing
- Franchise
- FASTSIGNS
- 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)
- Larger than 27% of acquisition loans in Sign Manufacturing on this site.
- Average acquisition loan in Sign Manufacturing: $1,489,948.
- 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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