Josh Hodge Marine Services LLC
Josh Hodge Marine Services LLC is a business located in Pompano Beach, Florida, classified under the industry of all other professional, scientific, and technical services (NAICS 541990). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,032,000, approved on July 30, 2024, with Busey Bank as the lender and Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Jul 30, 2024
$1,032,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,032,000
- Bank portion
- $1,583,000
- Estimated project size
- $2,905,556 (estimated)
- Estimated owner equity
- $290,556 (estimated, about 10% of the project)
- Bank lender
- Busey Bank, Champaign, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 30, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
Estimated share of project by source
Bank 54% SBA (CDC) 36% Owner 10%
- Larger than 2% of expansion loans in All Other Professional, Scientific, and Technical Services on this site.
- Average expansion loan in All Other Professional, Scientific, and Technical Services: $1,882,695.
- 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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