Main Street Registry

Parker Zasa Corp

Fern Park, FL · General Automotive Repair · NAICS 811111

Parker Zasa Corp is a general automotive repair business in Fern Park, Florida. It was financed with an SBA 7(a) loan for a change of ownership of $629,000, approved on August 4, 2025, by Seacoast National Bank.

SBA 7(a) loan, change of ownership, approved Aug 4, 2025

$629,000 approvedLender: Seacoast National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$629,000
SBA-guaranteed amount
$471,750 (75% of the approval)
Lender
Seacoast National Bank, Stuart, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
August 4, 2050 (estimated, approval date plus term)
Estimated monthly payment
$5,279 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 26, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Seminole 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 15% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • 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