Suncoast Gymnastics Academy Inc.
Suncoast Gymnastics Academy Inc. is a business in Odessa, Florida, in the All Other Amusement and Recreation Industries (NAICS 713990). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,897,000, approved on September 23, 2025, with Ameris Bank as the partner lender and Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Sep 23, 2025
$1,897,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,897,000
- Bank portion
- $2,647,500
- Estimated project size
- $5,049,444 (estimated)
- Estimated owner equity
- $504,944 (estimated, about 10% of the project)
- Bank lender
- Ameris Bank, Atlanta, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 23, 2050 (estimated, approval date plus term)
- First disbursement
- Jan 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- 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 52% SBA (CDC) 38% Owner 10%
- Larger than 50% of expansion loans in All Other Amusement and Recreation Industries on this site.
- Average expansion loan in All Other Amusement and Recreation Industries: $2,189,271.
- 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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