Eternal Life Services Corp
Eternal Life Services Corp is a home health care services business in Miami, Florida, classified under NAICS 621610. The company financed real estate or equipment through an SBA 504 loan of $1,536,000, with City National Bank of Florida as the lending bank and Florida Business Development Corporation as the certified development company, approved on October 4, 2023.
SBA 504 loan, approved Oct 4, 2023
- SBA (CDC) portion
- $1,536,000
- Bank portion
- $1,875,000
- Estimated project size
- $3,790,000 (estimated)
- Estimated owner equity
- $379,000 (estimated, about 10% of the project)
- Bank lender
- City National Bank of Florida, Coral Gables, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 4, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-27
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 57% of expansion loans in Home Health Care Services on this site.
- Average expansion loan in Home Health Care Services: $1,714,929.
- 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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