Main Street Registry

Dream Team Law

Coral Gables, FL · Offices of Lawyers · NAICS 541110

Dream Team Law, located in Coral Gables, Florida, operates in the offices of lawyers industry (NAICS 541110). The business was financed with an SBA 504 loan that financed real estate or equipment, with an SBA portion of $2.1 million, through Sunwest Bank and the Florida Business Development Corporation, with approval dated January 2, 2024.

SBA 504 loan, approved Jan 2, 2024

$2,109,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,109,000
Bank portion
$2,588,905
Estimated project size
$5,219,894 (estimated)
Estimated owner equity
$521,989 (estimated, about 10% of the project)
Bank lender
Sunwest Bank, Sandy, UT
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 2, 2049 (estimated, approval date plus term)
First disbursement
Apr 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
541110, Offices of Lawyers
Project location
Miami-Dade County, FL
SBA district office
South Florida District Office
Congressional district
FL-27
Collateral
Yes

Estimated share of project by source

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

  • Larger than 74% of expansion loans in Offices of Lawyers on this site.
  • Average expansion loan in Offices of Lawyers: $1,858,425.
  • 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