Eternal Life Services Corp
Eternal Life Services Corp is located in Miami, FL, and the SBA lists its industry as Home Health Care Services. It was approved for an SBA 504 loan ($1,536,000 SBA portion) on October 4, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 4, 2023
- SBA (CDC) portion
- $1,536,000
- Bank portion
- $1,875,000
- Estimated project size
- $3,790,000 (estimated)
- Estimated owner equity
- $379,000 (estimated, about 10% of the project)
- Bank lender
- City National Bank of Florida, Coral Gables, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 4, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- 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 49% SBA (CDC) 41% Owner 10%
- Larger than 57% of expansion loans in Home Health Care Services on this site.
- Average expansion loan in Home Health Care Services: $1,714,929.
- 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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