Home Property Management III Inc.
Home Property Management III Inc. is a residential property management business in Royal Palm Beach, Florida, classified under NAICS 531311 (Residential Property Managers). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $800,000 approved by Live Oak Banking Company on February 18, 2026.
SBA 7(a) loan, change of ownership, approved Feb 18, 2026
$800,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $800,000
- SBA-guaranteed amount
- $600,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 18, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,919 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 531311, Residential Property Managers
- 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
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 35% of acquisition loans in Residential Property Managers on this site.
- Average acquisition loan in Residential Property Managers: $1,260,244.
- 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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