Nausa Service Center Inc
Nausa Service Center Inc is a gasoline station with convenience store business located in Miami, Florida, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership of $1.286 million, approved on February 3, 2024, through Ocean Bank.
SBA 7(a) loan, change of ownership, approved Feb 3, 2024
$1,286,000 approvedLender: Ocean Bank10 years termPaid in fullLoan details
- Gross approval
- $1,286,000
- SBA-guaranteed amount
- $964,500 (75% of the approval)
- Lender
- Ocean Bank, Miami, FL
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 3, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $18,081 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 30, 2024
- Loan status
- Paid in full
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in Gasoline Stations with Convenience Stores on this site.
- Average acquisition loan in Gasoline Stations with Convenience Stores: $2,177,273.
- 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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