Salty Towz, LLC
Salty Towz, LLC is a motor vehicle towing business in Pensacola, Florida. It was financed with an SBA 7(a) loan for a change of ownership of $1,394,000, approved on June 25, 2025 by Integro Bank.
SBA 7(a) loan, change of ownership, approved Jun 25, 2025
$1,394,000 approvedLender: Integro Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,394,000
- SBA-guaranteed amount
- $1,045,500 (75% of the approval)
- Lender
- Integro Bank, Phoenix, AZ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $18,615 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 488410, Motor Vehicle Towing
- Project location
- Escambia County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 53% of acquisition loans in Motor Vehicle Towing on this site.
- Average acquisition loan in Motor Vehicle Towing: $1,770,240.
- 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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