Main Street Registry

1023 SE 47th Terrace LLC

Cape Coral, FL · Drinking Places (Alcoholic Beverages) · NAICS 722410

1023 SE 47th Terrace LLC, located in Cape Coral, Florida, operates in the drinking places (alcoholic beverages) industry. The company financed real estate or equipment through an SBA 504 loan of $2,046,000, approved on September 10, 2025, through American Commercial Bank and Trust National Association with Small Business Growth Corporation as the certified development company.

SBA 504 loan, approved Sep 10, 2025

$2,046,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,046,000
Bank portion
$2,500,000
Estimated project size
$5,051,111 (estimated)
Estimated owner equity
$505,111 (estimated, about 10% of the project)
Bank lender
American Commercial Bank and Trust National Association, Ottawa, IL
CDC
Small Business Growth Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 10, 2050 (estimated, approval date plus term)
First disbursement
Dec 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Lee County, FL
SBA district office
South Florida District Office
Congressional district
FL-19
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 83% of expansion loans in Drinking Places (Alcoholic Beverages) on this site.
  • Average expansion loan in Drinking Places (Alcoholic Beverages): $1,516,000.
  • 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