Guitarfish Holdings LLC
Guitarfish Holdings LLC is a business in Lake Worth, Florida, in the offices of mental health practitioners (except physicians) industry. The company was approved for an SBA 504 loan of $1,098,000 to finance real estate or equipment, with a bank loan from SouthState Bank, National Association and a certified development company from Florida First Capital Finance Corporation, Inc., with the loan approved on February 12, 2025.
SBA 504 loan, approved Feb 12, 2025
$1,098,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,098,000
- Bank portion
- $1,443,470
- Estimated project size
- $2,823,856 (estimated)
- Estimated owner equity
- $282,386 (estimated, about 10% of the project)
- Bank lender
- SouthState Bank, National Association, Winter Haven, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 12, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 621330, Offices of Mental Health Practitioners (except Physicians)
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-21
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Larger than 35% of expansion loans in Offices of Mental Health Practitioners (except Physicians) on this site.
- Average expansion loan in Offices of Mental Health Practitioners (except Physicians): $1,423,150.
- 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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