Panacea Pet Resort
Panacea Pet Resort, located in Brooksville, Florida, operates in the pet care services industry (except veterinary) under NAICS code 812910. The business was financed with an SBA 7(a) loan for a change of ownership of $869,500, approved on August 6, 2026 by SouthState Bank, National Association.
SBA 7(a) loan, change of ownership, approved Aug 6, 2026
$869,500 approvedLender: SouthState Bank, National Association218 months termCommitted, not fully disbursedLoan details
- Gross approval
- $869,500
- SBA-guaranteed amount
- $652,125 (75% of the approval)
- Lender
- SouthState Bank, National Association, Winter Haven, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 18 years, 2 months (218 months)
- Estimated maturity
- October 6, 2044 (estimated, approval date plus term)
- Estimated monthly payment
- $8,249 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 812910, Pet Care (except Veterinary) Services
- Project location
- Hernando County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 34% of acquisition loans in Pet Care (except Veterinary) Services on this site.
- Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
- 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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