Cervantes Roofing, LLC
Cervantes Roofing, LLC is located in Bradenton, FL, and the SBA lists its industry as Roofing Contractors. It was approved for an SBA 504 loan ($1,024,000 SBA portion) on October 2, 2024 to finance real estate or equipment.
SBA 504 loan, approved Oct 2, 2024
- SBA (CDC) portion
- $1,024,000
- Bank portion
- $1,248,000
- Estimated project size
- $2,524,444 (estimated)
- Estimated owner equity
- $252,444 (estimated, about 10% of the project)
- Bank lender
- GTE FCU d/b/a GTE Financial, Tampa, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 2, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 238160, Roofing Contractors
- Project location
- Manatee County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-16
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Roofing Contractors: $1,961,053.
- 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
- A1 American Roofing & Sheet Metal Inc., Rotonda West
- DLG Group Inc, Brooksville
- Strategic Roofing LLC, Largo
- Ron Bell Roofing LLC, Delray Beach
- Westfall Construction, Inc. and Contractor Metal Works LLC., Tampa
- Roof Repairs Only, Inc., Vero Beach
- Saxa Roofing 1, LLC, Port Charlotte
- Metal Roofing Suppliers LLC, Miami