Santeramo Construction, LLC
Santeramo Construction, LLC is located in Stuart, FL, and the SBA lists its industry as Poured Concrete Foundation and Structure Contractors. It was approved for an SBA 7(a) loan of $580,000 for a change of ownership on September 30, 2025.
SBA 7(a) loan, change of ownership, approved Sep 30, 2025
- Gross approval
- $580,000
- SBA-guaranteed amount
- $435,000 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,745 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 238110, Poured Concrete Foundation and Structure Contractors
- Project location
- Martin 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 19% of acquisition loans in Poured Concrete Foundation and Structure Contractors on this site.
- Average acquisition loan in Poured Concrete Foundation and Structure Contractors: $1,469,074.
- 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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