Main Street Registry

Savo Holdings Corporation

Doral, FL · Wood Kitchen Cabinet and Countertop Manufacturing · NAICS 337110

Savo Holdings Corporation of Doral, FL operates in wood kitchen cabinet and countertop manufacturing. The company was financed with an SBA 7(a) loan for a change of ownership of $1.52 million from Pacific National Bank, with an approval date of May 21, 2025.

SBA 7(a) loan, change of ownership, approved May 21, 2025

$1,520,000 approvedLender: Pacific National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,520,000
SBA-guaranteed amount
$1,140,000 (75% of the approval)
Lender
Pacific National Bank, Miami, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
May 21, 2035 (estimated, approval date plus term)
Estimated monthly payment
$20,298 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
337110, Wood Kitchen Cabinet and Countertop Manufacturing
Project location
Miami-Dade County, FL
SBA district office
South Florida District Office
Congressional district
FL-25
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 52% of acquisition loans in Wood Kitchen Cabinet and Countertop Manufacturing on this site.
  • Average acquisition loan in Wood Kitchen Cabinet and Countertop Manufacturing: $1,828,277.
  • 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