Orange Truck Sales
Orange Truck Sales is a used car dealer located in Orlando, Florida, classified under NAICS code 441120 (Used Car Dealers). The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $3.31 million approved by Beacon Bank and Trust on April 23, 2025.
SBA 7(a) loan, change of ownership, approved Apr 23, 2025
$3,310,000 approvedLender: Beacon Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,310,000
- SBA-guaranteed amount
- $2,979,000 (90% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 23, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $42,831 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 441120, Used Car Dealers
- Project location
- Orange County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 67% of acquisition loans in Used Car Dealers on this site.
- Average acquisition loan in Used Car Dealers: $2,484,440.
- 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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Same industry in Florida
- Merit Auto Group LLC, Jacksonville
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- Mateo Holdings, LLC, Tampa
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