Mangrove Employer Services Inc.

1501 and 1511 Church Ave, Tampa, FL 33629 · Payroll Services (NAICS 541214)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$5.6M

Jobs Supported

225

Years Active

2015–2016

Loan History (3)

Source: SBA FOIA
7(a)$2,608,900
Cancelled
Approved
Feb 16, 2016 (FY2016)
SBA Guaranteed
$1,956,675 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.90%
Revolver
0
Jobs Supported
75
Business Type
Corporation
Industry
Payroll Services (NAICS 541214)

Lender

Wells Fargo Bank National Association

3201 N 4th Ave, Sioux Falls, SD 57104

Project Location

Hillsborough County, FL

7(a)$2,930,000
Cancelled
Approved
Jul 16, 2015 (FY2015)
SBA Guaranteed
$2,197,500 (75%)
Term
276 months (23.0 yrs)
Interest Rate
5.90%
Revolver
0
Jobs Supported
75
Business Type
Corporation
Industry
Payroll Services (NAICS 541214)

Lender

Wells Fargo Bank National Association

3201 N 4th Ave, Sioux Falls, SD 57104

Project Location

Hillsborough County, FL

7(a)$50,000
Cancelled
Approved
Jul 23, 2015 (FY2015)
SBA Guaranteed
$25,000 (50%)
Term
36 months (3.0 yrs)
Interest Rate
5.75%
Revolver
1
Jobs Supported
75
Business Type
Corporation
Industry
Payroll Services (NAICS 541214)

Lender

Wells Fargo Bank National Association

3201 N 4th Ave, Sioux Falls, SD 57104

Project Location

Hillsborough County, FL

Business Details

Business Type
Corporation
NAICS Code
541214 Payroll Services
Address
1501 and 1511 Church Ave
Tampa, FL 33629

Lender

Wells Fargo Bank National Association
3201 N 4th Ave, Sioux Falls, SD 57104

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