Jc Chemicals Services
JC Chemicals Services is a business located in Miami, Florida, in the Other Chemical and Allied Products Merchant Wholesalers industry. It was financed with an SBA 7(a) loan for a change of ownership, in the amount of $575,000, approved on February 9, 2026 by Newtek Bank, National Association.
SBA 7(a) loan, change of ownership, approved Feb 9, 2026
$575,000 approvedLender: Newtek Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $575,000
- SBA-guaranteed amount
- $431,250 (75% of the approval)
- Lender
- Newtek Bank, National Association, Miami, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 9, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,519 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 19, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 424690, Other Chemical and Allied Products Merchant Wholesalers
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-24
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Chemical and Allied Products Merchant Wholesalers: $1,814,154.
- 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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