Shoreline Marine Group, LLC
Shoreline Marine Group, LLC, located in Belle Chasse, Louisiana, operates in inland water freight transportation (NAICS 483211). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $3,097,000, approved by Gulf Coast Bank and Trust Company on June 16, 2026.
SBA 7(a) loan, change of ownership, approved Jun 16, 2026
$3,097,000 approvedLender: Gulf Coast Bank and Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,097,000
- SBA-guaranteed amount
- $2,322,750 (75% of the approval)
- Lender
- Gulf Coast Bank and Trust Company, New Orleans, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 16, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $40,074 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 29, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 483211, Inland Water Freight Transportation
- Project location
- Plaquemines County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Inland Water Freight Transportation: $3,097,000.
- Average acquisition loan in Louisiana: $1,702,056.
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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