Milian's Air Conditioning LLC
Milian's Air Conditioning LLC is located in Medley, FL, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 504 loan ($1,680,000 SBA portion) on February 14, 2025 to finance real estate or equipment.
SBA 504 loan, approved Feb 14, 2025
- SBA (CDC) portion
- $1,680,000
- Bank portion
- $2,050,000
- Estimated project size
- $4,144,444 (estimated)
- Estimated owner equity
- $414,444 (estimated, about 10% of the project)
- Bank lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 14, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Individual
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- 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 43% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
- 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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