Main Street Registry

J.C. Welton Construction, Inc.

Vero Beach, FL · New Single-Family Housing Construction (except For-Sale Builders) · NAICS 236115

J.C. Welton Construction, Inc. is located in Vero Beach, FL, and the SBA lists its industry as New Single-Family Housing Construction (except For-Sale Builders). It was approved for an SBA 7(a) loan of $3,500,000 for a change of ownership on May 19, 2025.

SBA 7(a) loan, change of ownership, approved May 19, 2025

Gross approval
$3,500,000
SBA-guaranteed amount
$2,625,000 (75% of the approval)
Lender
Climate First Bank, St. Petersburg, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
12 years (144 months)
Estimated maturity
May 19, 2037 (estimated, approval date plus term)
Estimated monthly payment
$41,324 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
236115, New Single-Family Housing Construction (except For-Sale Builders)
Project location
Indian River County, FL
SBA district office
South Florida District Office
Congressional district
FL-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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