Marco Island Boat Tours
Marco Island Boat Tours is a business in Citrus Springs, Florida, in the scenic and sightseeing water transportation industry (NAICS 487210). It was financed with an SBA 7(a) loan for a change of ownership of $1.2 million, approved on September 18, 2025 by First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved Sep 18, 2025
$1,200,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,200,000
- SBA-guaranteed amount
- $900,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,025 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 487210, Scenic and Sightseeing Transportation, Water
- Project location
- Citrus County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Scenic and Sightseeing Transportation, Water: $1,066,000.
- 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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