Modern Home Living, Inc.
Modern Home Living, Inc. is an interior design services business located in Naples, Florida, classified under NAICS code 541410. The company was financed with an SBA 7(a) loan for a change of ownership of $1.185 million, approved on September 16, 2025, through BayFirst National Bank, and the loan reported 8 jobs.
SBA 7(a) loan, change of ownership, approved Sep 16, 2025
$1,185,000 approvedLender: BayFirst National Bank10 years termPaid in fullLoan details
- Gross approval
- $1,185,000
- SBA-guaranteed amount
- $888,750 (75% of the approval)
- Lender
- BayFirst National Bank, Saint Petersburg, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 16, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,660 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 19, 2025
- Loan status
- Paid in full
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 541410, Interior Design Services
- Project location
- Collier County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-19
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in Interior Design Services on this site.
- Average acquisition loan in Interior Design Services: $1,398,840.
- 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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