Walls Holding Company Florida Corporation
Walls Holding Company Florida Corporation is a machine shop located in Bradenton, Florida, classified under the NAICS code for machine shops. The business was financed with an SBA 7(a) loan for a change of ownership of $2.5 million, approved on February 27, 2025, through Cogent Bank.
SBA 7(a) loan, change of ownership, approved Feb 27, 2025
$2,493,000 approvedLender: Cogent Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,493,000
- SBA-guaranteed amount
- $2,243,700 (90% of the approval)
- Lender
- Cogent Bank, Orlando, FL
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 27, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $20,496 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 332710, Machine Shops
- Project location
- Manatee County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 68% of acquisition loans in Machine Shops on this site.
- Average acquisition loan in Machine Shops: $2,116,278.
- 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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