Seaside Fabrication, LLC
Seaside Fabrication, LLC is located in Daytona Beach, FL, and the SBA lists its industry as Ornamental and Architectural Metal Work Manufacturing. It was approved for an SBA 7(a) loan of $1,385,000 for a change of ownership on January 22, 2026.
SBA 7(a) loan, change of ownership, approved Jan 22, 2026
- Gross approval
- $1,385,000
- SBA-guaranteed amount
- $1,038,750 (75% of the approval)
- Lender
- The Fidelity Bank, Fuquay Varina, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 22, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $17,358 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 332323, Ornamental and Architectural Metal Work Manufacturing
- Project location
- Volusia County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in Ornamental and Architectural Metal Work Manufacturing on this site.
- Average acquisition loan in Ornamental and Architectural Metal Work Manufacturing: $2,195,745.
- 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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- Icon Fabrication LLC, Sarasota
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