Main Street Registry

ArtVue Glass, LLC

Sarasota, FL · Other Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990

ArtVue Glass, LLC is a business in Sarasota, Florida, in the Other Miscellaneous Durable Goods Merchant Wholesalers industry (NAICS 423990). It was approved for an SBA 504 loan of $1,951,000, which financed real estate or equipment through an SBA 504 loan, with First-Citizens Bank & Trust Company as the lender and Florida Business Development Corporation as the certified development company, with approval dated October 3, 2024.

SBA 504 loan, approved Oct 3, 2024

$1,951,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,951,000
Bank portion
$2,381,800
Estimated project size
$4,814,222 (estimated)
Estimated owner equity
$481,422 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 3, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
1
Business type
Corporation
NAICS
423990, Other Miscellaneous Durable Goods Merchant Wholesalers
Project location
Sarasota County, FL
SBA district office
South Florida District Office
Congressional district
FL-16
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 42% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
  • Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
  • 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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Same industry in Florida