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Pot O Gold Cinema Productions

North Port, FL · Advertising Agencies · NAICS 541810

Pot O Gold Cinema Productions is an advertising agency located in North Port, Florida, classified under NAICS code 541810 (Advertising Agencies). The business was financed with an SBA 7(a) loan for a change of ownership of $856,000, approved on September 3, 2024, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Sep 3, 2024

$856,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$856,000
SBA-guaranteed amount
$642,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
September 3, 2034 (estimated, approval date plus term)
Estimated monthly payment
$11,550 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 18, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
541810, Advertising Agencies
Project location
Sarasota County, FL
SBA district office
South Florida District Office
Congressional district
FL-17
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 25% of acquisition loans in Advertising Agencies on this site.
  • Average acquisition loan in Advertising Agencies: $1,888,400.
  • 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