Volk Holdings, LLC
Volk Holdings, LLC, located in Largo, FL, operates in the drycleaning and laundry services industry (except coin-operated), NAICS code 812320. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $5 million approved by Pinnacle Bank on March 9, 2026.
SBA 7(a) loan, change of ownership, approved Mar 9, 2026
$5,000,000 approvedLender: Pinnacle Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 9, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $62,663 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 89
- Business type
- Corporation
- NAICS
- 812320, Drycleaning and Laundry Services (except Coin-Operated)
- Project location
- Pinellas County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 98% of acquisition loans in Drycleaning and Laundry Services (except Coin-Operated) on this site.
- Average acquisition loan in Drycleaning and Laundry Services (except Coin-Operated): $1,281,569.
- 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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