Annie's at Cape Bend, LLC
Annie's at Cape Bend, LLC is an assisted living facility for the elderly located in Tampa, Florida, classified under NAICS code 623312. The business financed real estate or equipment through an SBA 504 loan of $1,170,000, approved on October 7, 2024, with Suncoast CU as the bank lender and Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Oct 7, 2024
$1,170,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,170,000
- Bank portion
- $1,426,750
- Estimated project size
- $2,885,278 (estimated)
- Estimated owner equity
- $288,528 (estimated, about 10% of the project)
- Bank lender
- Suncoast CU, Tampa, FL
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- October 7, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Hillsborough County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-14
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 13% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- 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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