Griffin Trucks and Yard, LLC
Griffin Trucks and Yard, LLC is a local specialized freight trucking business located in Davie, Florida, classified under NAICS code 484220. The company financed real estate or equipment through an SBA 504 loan of $1,012,000, with the loan approved on January 14, 2025, by Harvest Commercial Capital, LLC, through the certified development company Florida First Capital Finance Corporation, Inc.
SBA 504 loan, approved Jan 14, 2025
$1,012,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,012,000
- Bank portion
- $990,100
- Estimated project size
- $2,224,556 (estimated)
- Estimated owner equity
- $222,456 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 14, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 484220, Specialized Freight (except Used Goods) Trucking, Local
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-23
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Average expansion loan in Specialized Freight (except Used Goods) Trucking, Local: $2,482,500.
- 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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