Earth Works Unlimited of Florida, LLC
Earth Works Unlimited of Florida, LLC is a landscaping services business in Jacksonville, Florida, classified under NAICS code 561730. The company financed real estate or equipment through an SBA 504 loan of $2,116,000, with Truist Bank as the lender and Florida Business Development Corporation as the certified development company, approved on May 16, 2024.
SBA 504 loan, approved May 16, 2024
$2,116,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,116,000
- Bank portion
- $2,584,000
- Estimated project size
- $5,222,222 (estimated)
- Estimated owner equity
- $522,222 (estimated, about 10% of the project)
- Bank lender
- Truist Bank, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 16, 2049 (estimated, approval date plus term)
- First disbursement
- Dec 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Duval County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 91% of expansion loans in Landscaping Services on this site.
- Average expansion loan in Landscaping Services: $1,532,130.
- 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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