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Gain Property Management, Inc

Tampa, FL · Nonresidential Property Managers · NAICS 531312

Gain Property Management, Inc is a nonresidential property management business located in Tampa, Florida, operating in the Nonresidential Property Managers industry (NAICS 531312). The company was financed with an SBA 7(a) loan for a change of ownership of $995,000, approved on January 9, 2024 through North State Bank.

SBA 7(a) loan, change of ownership, approved Jan 9, 2024

$995,000 approvedLender: North State Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$995,000
SBA-guaranteed amount
$746,250 (75% of the approval)
Lender
North State Bank, Raleigh, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
January 9, 2034 (estimated, approval date plus term)
Estimated monthly payment
$13,847 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
531312, Nonresidential Property Managers
Project location
Hillsborough County, FL
SBA district office
South Florida District Office
Congressional district
FL-14
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Average acquisition loan in Nonresidential Property Managers: $1,173,414.
  • 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