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Griffin Commercial Properties, LLC

Tampa, FL · Fitness and Recreational Sports Centers · NAICS 713940

Griffin Commercial Properties, LLC is a business in Tampa, Florida, in the fitness and recreational sports centers industry (NAICS 713940). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,092,000, approved February 15, 2024, through Fairwinds CU and Florida Business Development Corporation.

SBA 504 loan, approved Feb 15, 2024

$1,092,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,092,000
Bank portion
$1,331,150
Estimated project size
$2,692,389 (estimated)
Estimated owner equity
$269,239 (estimated, about 10% of the project)
Bank lender
Fairwinds CU, Orlando, FL
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 15, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
20
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Hillsborough County, FL
SBA district office
South Florida District Office
Congressional district
FL-14
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 8% of expansion loans in Fitness and Recreational Sports Centers on this site.
  • Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
  • 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