El Exquisito Sabor
El Exquisito Sabor is a retail bakery located in Doral, Florida, in the retail bakeries industry. The company financed real estate or equipment through an SBA 504 loan of $2,039,000, approved on December 17, 2024, with JPMorgan Chase Bank, National Association as the lending bank and Florida First Capital Finance Corporation, Inc. as the certified development company.
SBA 504 loan, approved Dec 17, 2024
$2,039,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,039,000
- Bank portion
- $2,850,000
- Estimated project size
- $5,432,222 (estimated)
- Estimated owner equity
- $543,222 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- December 17, 2049 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 311811, Retail Bakeries
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-25
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 75% of expansion loans in Retail Bakeries on this site.
- Average expansion loan in Retail Bakeries: $1,805,833.
- 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
- Vicky Bakery, Key Largo