Main Street Registry

Dar Finish Specialties, Inc.

Miami, FL · Finish Carpentry Contractors · NAICS 238350

Dar Finish Specialties, Inc. is a finish carpentry contractor located in Miami, Florida, in the finish carpentry contractors industry (NAICS 238350). The company financed real estate or equipment through an SBA 504 loan of $3,355,000, approved on November 24, 2023, with Ocean Bank as the lender and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Nov 24, 2023

$3,355,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,355,000
Bank portion
$4,350,000
Estimated project size
$8,561,111 (estimated)
Estimated owner equity
$856,111 (estimated, about 10% of the project)
Bank lender
Ocean Bank, Miami, FL
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 24, 2048 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
1
Business type
Corporation
NAICS
238350, Finish Carpentry Contractors
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 51% SBA (CDC) 39% Owner 10%

  • Larger than 82% of expansion loans in Finish Carpentry Contractors on this site.
  • Average expansion loan in Finish Carpentry Contractors: $2,311,818.
  • 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