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Dlf Seminole Campus LLC

Seminole, FL · Elementary and Secondary Schools · NAICS 611110

Dlf Seminole Campus LLC, located in Seminole, Florida, operates in the elementary and secondary schools industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,893,000, approved on February 24, 2024, through Byline Bank.

SBA 7(a) loan, change of ownership, approved Feb 24, 2024

$1,893,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,893,000
SBA-guaranteed amount
$1,419,750 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
February 24, 2034 (estimated, approval date plus term)
Estimated monthly payment
$26,076 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 2, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
Pinellas County, FL
SBA district office
South Florida District Office
Congressional district
FL-13
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in Elementary and Secondary Schools on this site.
  • Average acquisition loan in Elementary and Secondary Schools: $1,451,500.
  • Average acquisition loan in Florida: $1,808,559.

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