Main Street Registry

Grupo Latam Internacional Corp

Doral, FL · Other Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990

Grupo Latam Internacional Corp is a business in Doral, Florida, in the industry of other miscellaneous durable goods merchant wholesalers. The company financed real estate or equipment through an SBA 504 loan of $1,256,000 (the SBA portion), approved on October 5, 2023, with Interamerican Bank, FSB as the lender and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Oct 5, 2023

$1,256,000 SBA portionCDC: Florida Business Development Corporation25 years termPaid in fullLoan details
SBA (CDC) portion
$1,256,000
Bank portion
$1,500,000
Estimated project size
$3,062,222 (estimated)
Estimated owner equity
$306,222 (estimated, about 10% of the project)
Bank lender
Interamerican Bank, FSB, 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
October 5, 2048 (estimated, approval date plus term)
First disbursement
Jan 17, 2024
Loan status
Paid in full
Jobs supported
1
Business type
Corporation
NAICS
423990, Other Miscellaneous Durable Goods Merchant Wholesalers
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 49% SBA (CDC) 41% Owner 10%

  • Larger than 15% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
  • Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
  • 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