Mark Fence and Railing
Mark Fence and Railing, located in Fort Lauderdale, FL, operates in the All Other Specialty Trade Contractors industry (NAICS 238990). The business was financed with an SBA 7(a) loan for a change of ownership of $512,000 from First Internet Bank of Indiana, with approval dated February 23, 2026.
SBA 7(a) loan, change of ownership, approved Feb 23, 2026
$512,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $512,000
- SBA-guaranteed amount
- $384,000 (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
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,555 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 22, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 9% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- 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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