ETI at Sunrise LLC
ETI at Sunrise LLC is a metal window and door manufacturing business located in Sunrise, Florida. The company was approved for an SBA 504 loan of $5.5 million, financed through Bank of America, National Association and the Florida Business Development Corporation, with approval dated June 27, 2024. The company financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Jun 27, 2024
$5,500,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $19,500,000
- Estimated project size
- $27,777,778 (estimated)
- Estimated owner equity
- $2,777,778 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 27, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 332321, Metal Window and Door Manufacturing
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
Estimated share of project by source
Bank 70% SBA (CDC) 20% Owner 10%
- Average expansion loan in Metal Window and Door Manufacturing: $3,363,250.
- 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.
Is this your company? Claim or correct this listing. See Corrections.