Johns Pass Holdings and Ventures Management Inc.
Johns Pass Holdings and Ventures Management Inc. is located in Madeira Beach, FL, and the SBA lists its industry as Residential Property Managers. It was approved for an SBA 7(a) loan of $750,000 for a change of ownership on March 7, 2025.
SBA 7(a) loan, change of ownership, approved Mar 7, 2025
- Gross approval
- $750,000
- SBA-guaranteed amount
- $562,500 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 7, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,015 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 531311, Residential Property Managers
- Project location
- Pinellas County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% 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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