J and D Parking Storage Corp.
J and D Parking Storage Corp. is a business in Doral, Florida, in the industry of lessors of miniwarehouses and self-storage units (NAICS 531130). The company financed real estate or equipment through an SBA 504 loan of $1,662,000, approved on September 4, 2024, through Ocean Bank and the Florida Business Development Corporation.
SBA 504 loan, approved Sep 4, 2024
- SBA (CDC) portion
- $1,662,000
- Bank portion
- $2,029,050
- Estimated project size
- $4,101,167 (estimated)
- Estimated owner equity
- $410,117 (estimated, about 10% of the project)
- Bank lender
- Ocean Bank, Miami, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 4, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 531130, Lessors of Miniwarehouses and Self-Storage Units
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-25
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 29% of expansion loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
- Average expansion loan in Lessors of Miniwarehouses and Self-Storage Units: $2,754,774.
- 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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