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Aguilas International Technical Institute, Inc.

Tampa, FL · Other Technical and Trade Schools · NAICS 611519

Aguilas International Technical Institute, Inc. is a business in Tampa, Florida, classified under NAICS 611519 for other technical and trade schools. The company financed real estate or equipment through an SBA 504 loan of $1,990,000, approved on August 2, 2024, with First-Citizens Bank & Trust Company as the lending bank and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Aug 2, 2024

$1,990,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,990,000
Bank portion
$2,455,000
Estimated project size
$4,938,889 (estimated)
Estimated owner equity
$493,889 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 2, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
2
Business type
Corporation
NAICS
611519, Other Technical and Trade Schools
Project location
Hillsborough County, FL
SBA district office
South Florida District Office
Congressional district
FL-14
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 60% of expansion loans in Other Technical and Trade Schools on this site.
  • Average expansion loan in Other Technical and Trade Schools: $2,203,100.
  • 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