E & L Transportation Inc
E & L Transportation Inc, located in West Palm Beach, Florida, is classified under the industry General Freight Trucking, Local (NAICS 484110). The company was approved for an SBA 504 loan of $1,884,000 through the Florida Business Development Corporation, with First-Citizens Bank & Trust Company as the lender, with an approval date of September 8, 2025, and the company financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Sep 8, 2025
$1,884,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,884,000
- Bank portion
- $2,300,000
- Estimated project size
- $4,648,889 (estimated)
- Estimated owner equity
- $464,889 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 8, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-18
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 49% of expansion loans in General Freight Trucking, Local on this site.
- Average expansion loan in General Freight Trucking, Local: $2,373,915.
- 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
- Routepro Logistics, Inc., Davenport
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