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Colonial Gardens Residences LLC

Lauderhill, FL · Assisted Living Facilities for the Elderly · NAICS 623312

Colonial Gardens Residences LLC is located in Lauderhill, FL, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 504 loan ($5,000,000 SBA portion) on November 28, 2025 to finance real estate or equipment.

SBA 504 loan, approved Nov 28, 2025

SBA (CDC) portion
$5,000,000
Bank portion
$12,000,000
Estimated project size
$18,888,889 (estimated)
Estimated owner equity
$1,888,889 (estimated, about 10% of the project)
Bank lender
US Century Bank, Doral, FL
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 28, 2050 (estimated, approval date plus term)
First disbursement
Jun 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
56
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes

Estimated share of project by source

Bank 64% SBA (CDC) 26% Owner 10%

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