CRM Jewelers, LLC.
CRM Jewelers, LLC. is a business in Miami, Florida, in the jewelry, watch, precious stone, and precious metal merchant wholesaler industry (NAICS 423940). The company was approved for an SBA 504 loan of $1,783,000 that financed real estate or equipment, with Bank of America, National Association as the lender and Florida Business Development Corporation as the certified development company, with approval dated June 22, 2026.
SBA 504 loan, approved Jun 22, 2026
$1,783,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,783,000
- Bank portion
- $2,475,000
- Estimated project size
- $4,731,111 (estimated)
- Estimated owner equity
- $473,111 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Premier Certified Lenders Program: CDC approved under delegated SBA authority
- Term
- 25 years (300 months)
- Estimated maturity
- June 22, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 423940, Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-24
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers: $1,533,500.
- 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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