3031 NW 79TH Ave LLC
3031 NW 79TH Ave LLC is a business in Doral, Florida, in the Other Building Material Dealers industry (NAICS 444180). The company financed real estate or equipment through an SBA 504 loan of $2,095,000 from Popular Bank, with Florida First Capital Finance Corporation, Inc. as the certified development company, and the loan was approved on March 4, 2025.
SBA 504 loan, approved Mar 4, 2025
$2,095,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,095,000
- Bank portion
- $2,558,650
- Estimated project size
- $5,170,722 (estimated)
- Estimated owner equity
- $517,072 (estimated, about 10% of the project)
- Bank lender
- Popular Bank, New York, NY
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 4, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 444180, Other Building Material Dealers
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-25
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 61% of expansion loans in Other Building Material Dealers on this site.
- Average expansion loan in Other Building Material Dealers: $2,048,289.
- Average expansion loan in Florida: $2,058,496.
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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