Hevia Family & Company
Hevia Family & Company is a jewelry retailer located in Lutz, Florida, operating in the jewelry retailers industry. The company was approved for an SBA 504 loan to finance real estate or equipment, with an SBA portion of $1,218,000 provided through Florida First Capital Finance Corporation and a bank portion from Centennial Bank, with approval dated November 16, 2023.
SBA 504 loan, approved Nov 16, 2023
$1,218,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,218,000
- Bank portion
- $1,486,000
- Estimated project size
- $3,004,444 (estimated)
- Estimated owner equity
- $300,444 (estimated, about 10% of the project)
- Bank lender
- Centennial Bank, Conway, AR
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 16, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 458310, Jewelry Retailers
- Project location
- Pasco County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-12
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Jewelry Retailers: $2,367,875.
- 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
- Georges Watch Repairs, Inc., Cocoa
- Cabana Jewelry Holdings LLC, Fort Lauderdale