December 05, 2016 8:41 AM ET

Hotels, Restaurants and Leisure

Company Overview of Saddlebrook Resorts Inc.

Company Overview

Saddlebrook Resorts, Inc. operates Saddlebrook Resort, a resort-condominium and residential homes project located in Wesley Chapel, Florida. The company’s resort comprises convention facilities, restaurants, golf courses, tennis courts, health spa, fitness center, swimming pools, shops, and other operational and recreation areas. It serves corporate meeting planners and sports enthusiasts. The company was incorporated in 1979 and is based in Wesley Chapel, Florida. Saddlebrook Resorts, Inc. is a subsidiary of Saddlebrook Holdings, Inc.

5700 Saddlebrook Way

Wesley Chapel, FL 33543

United States

Founded in 1979

510 Employees

Phone:

813-973-1111

Key Executives for Saddlebrook Resorts Inc.

Chairman, Chief Executive Officer, Member of Compensation Committee, Chairman of the Board of Saddlebrook Holdings Inc and President of Saddlebrook Holdings Inc
Age: 89
President, Assistant Secretary, Director, Member of Compensation Committee, President of Saddlebrook Holdings, Inc, and Director of Saddlebrook Holdings Inc
Age: 57
Principal Financial Officer, Principal Accounting Officer, Vice President, Treasurer, Vice President of Saddlebrook Holdings Inc and Treasurer of Saddlebrook Holdings Inc
Age: 76
Vice President, Assistant Secretary, Director, Member of Compensation Committee and Vice Chairman of Saddlebrook Holdings Inc
Age: 55
Compensation as of Fiscal Year 2016.

Saddlebrook Resorts Inc. Key Developments

Saddlebrook Resorts Inc. Obtains Additional Loan from USAmeriBank

On December 6, 2015, Saddlebrook Resorts Inc. obtained an additional loan from USAmeriBank and executed and delivered a new promissory note in the principal amount of $6,874,999.96. The proceeds were used to repay the $4,874,999.96 balance due under the existing promissory note due June 1, 2019. The remaining proceeds provide additional working capital. The new term note matures on December 6, 2020, and requires monthly principal payments of $29,380.34, plus interest of 3% over the one month LIBOR index.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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