Fox Cigar Bar Surprise, LLC
Fox Cigar Bar Surprise, LLC is a beer, wine, and liquor retailer located in Surprise, Arizona. The company was financed through an SBA 504 loan, with a SBA portion of $1,433,000, and its loan application was approved on February 14, 2024 by Sunflower Bank National Association with CDC Small Business Finance Corp. as the certified development company.
SBA 504 loan, approved Feb 14, 2024
$1,433,000 SBA portionCDC: CDC Small Business Finance Corp.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,433,000
- Bank portion
- $1,750,009
- Estimated project size
- $3,536,677 (estimated)
- Estimated owner equity
- $353,668 (estimated, about 10% of the project)
- Bank lender
- Sunflower Bank National Association, Dallas, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 14, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-8
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 50% of expansion loans in Beer, Wine, and Liquor Retailers on this site.
- Average expansion loan in Beer, Wine, and Liquor Retailers: $1,620,045.
- Average expansion loan in Arizona: $2,074,452.
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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