Speedi Works, LLC
Speedi Works, LLC is a commercial printing business in Daytona Beach, Florida, in the commercial printing (except screen and books) industry. It was financed with an SBA 7(a) loan for a change of ownership totaling $1,412,000, approved on September 2, 2025 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Sep 2, 2025
$1,412,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,412,000
- SBA-guaranteed amount
- $1,059,000 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- September 2, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $11,133 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 323111, Commercial Printing (except Screen and Books)
- Project location
- Volusia County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 51% of acquisition loans in Commercial Printing (except Screen and Books) on this site.
- Average acquisition loan in Commercial Printing (except Screen and Books): $1,666,227.
- 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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