Trimmers Holiday Decor, Inc.
Trimmers Holiday Decor, Inc. is located in Naples, FL, and the SBA lists its industry as All Other Professional, Scientific, and Technical Services. It was approved for an SBA 7(a) loan of $2,210,200 for a change of ownership on April 12, 2024.
SBA 7(a) loan, change of ownership, approved Apr 12, 2024
- Gross approval
- $2,210,200
- SBA-guaranteed amount
- $1,657,650 (75% of the approval)
- Lender
- Customers Bank, Malvern, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 9 years, 10 months (118 months)
- Estimated maturity
- February 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $28,891 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Collier County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 75% of acquisition loans in All Other Professional, Scientific, and Technical Services on this site.
- Average acquisition loan in All Other Professional, Scientific, and Technical Services: $1,682,572.
- 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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