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Seashore Senior Living

New Smyrna Beach, FL · Assisted Living Facilities for the Elderly · NAICS 623312

Seashore Senior Living is an assisted living facility for the elderly in New Smyrna Beach, Florida. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,427,000, approved on August 18, 2026, through First Bank of the Lake and Florida First Capital Finance Corporation, Inc.

SBA 504 loan, approved Aug 18, 2026

$2,427,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,427,000
Bank portion
$2,450,000
Estimated project size
$5,418,889 (estimated)
Estimated owner equity
$541,889 (estimated, about 10% of the project)
Bank lender
First Bank of the Lake, Osage Beach, MO
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
August 18, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
33
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Volusia County, FL
SBA district office
North Florida District Office
Congressional district
FL-6
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Larger than 78% of expansion loans in Assisted Living Facilities for the Elderly on this site.
  • Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
  • 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