Strings Sports Brewery, Inc.
Strings Sports Brewery, Inc. is a brewery located in Jacksonville Beach, Florida, in the breweries industry (NAICS 312120). The company was financed with an SBA 504 loan that provided $1,919,000 toward real estate or equipment, approved on March 12, 2024, through Barwick Banking Company with Florida First Capital Finance Corporation, Inc. as the CDC.
SBA 504 loan, approved Mar 12, 2024
$1,919,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,919,000
- Bank portion
- $2,350,000
- Estimated project size
- $4,743,333 (estimated)
- Estimated owner equity
- $474,333 (estimated, about 10% of the project)
- Bank lender
- Barwick Banking Company, Barwick, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 12, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 312120, Breweries
- Project location
- Duval County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-4
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 52% of expansion loans in Breweries on this site.
- Average expansion loan in Breweries: $2,159,286.
- 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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