Main Street Registry

Cardiovascular Institute of Orlando, PLLC

Kissimmee, FL · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

Cardiovascular Institute of Orlando, PLLC is an office of physicians (except mental health specialists) located in Kissimmee, Florida. The company was approved for an SBA 504 loan of $4,867,000 through Seacoast National Bank on August 8, 2024, and the loan financed real estate or equipment through an SBA 504 loan.

SBA 504 loan, approved Aug 8, 2024

$4,867,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$4,867,000
Bank portion
$6,827,734
Estimated project size
$12,994,149 (estimated)
Estimated owner equity
$1,299,415 (estimated, about 10% of the project)
Bank lender
Seacoast National Bank, Stuart, FL
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 8, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
17
Business type
LLC or partnership
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
Project location
Osceola County, FL
SBA district office
South Florida District Office
Congressional district
FL-9
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 94% of expansion loans in Offices of Physicians (except Mental Health Specialists) on this site.
  • Average expansion loan in Offices of Physicians (except Mental Health Specialists): $2,141,987.
  • 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