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Paradise Swimming Pools & Spas Holdings, Inc.

Palm Beach Gardens, FL · All Other Specialty Trade Contractors · NAICS 238990

Paradise Swimming Pools & Spas Holdings, Inc. is a specialty trade contractor in Palm Beach Gardens, Florida, classified under All Other Specialty Trade Contractors (NAICS 238990). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,360,000, approved on September 30, 2024, by Pathward National Association.

SBA 7(a) loan, change of ownership, approved Sep 30, 2024

$1,360,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,360,000
SBA-guaranteed amount
$1,020,000 (75% of the approval)
Lender
Pathward National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
September 30, 2034 (estimated, approval date plus term)
Estimated monthly payment
$18,927 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Palm Beach County, FL
SBA district office
South Florida District Office
Congressional district
FL-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 43% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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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