Sunnyfields Foods
Sunnyfields Foods is located in Miami, FL, and the SBA lists its industry as Fresh Fruit and Vegetable Merchant Wholesalers. It was approved for an SBA 504 loan ($3,754,000 SBA portion) on August 15, 2024 to finance real estate or equipment.
SBA 504 loan, approved Aug 15, 2024
- SBA (CDC) portion
- $3,754,000
- Bank portion
- $4,587,500
- Estimated project size
- $9,268,333 (estimated)
- Estimated owner equity
- $926,833 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 15, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 424480, Fresh Fruit and Vegetable Merchant Wholesalers
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-26
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Fresh Fruit and Vegetable Merchant Wholesalers: $2,999,875.
- 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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