Monroe Healthy Pet, LLC
Monroe Healthy Pet, LLC is a pet and pet supplies retailer located in Monroe, Connecticut. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,138,000 approved by BayFirst National Bank on March 19, 2025.
SBA 7(a) loan, change of ownership, approved Mar 19, 2025
$1,138,000 approvedLender: BayFirst National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,138,000
- SBA-guaranteed amount
- $853,500 (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
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,197 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 459910, Pet and Pet Supplies Retailers
- Project location
- Greater Bridgeport County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in Pet and Pet Supplies Retailers on this site.
- Average acquisition loan in Pet and Pet Supplies Retailers: $1,298,400.
- Average acquisition loan in Connecticut: $1,992,959.
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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