Main Street Registry

Lift Aerospace Corp

Hialeah, FL · Other Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990

Lift Aerospace Corp is located in Hialeah, FL, and the SBA lists its industry as Other Miscellaneous Durable Goods Merchant Wholesalers. It was approved for an SBA 504 loan ($2,902,000 SBA portion) on February 5, 2024 to finance real estate or equipment.

SBA 504 loan, approved Feb 5, 2024

SBA (CDC) portion
$2,902,000
Bank portion
$3,550,000
Estimated project size
$7,168,889 (estimated)
Estimated owner equity
$716,889 (estimated, about 10% of the project)
Bank lender
JPMorgan Chase Bank, National Association, Columbus, OH
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 5, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
423990, Other Miscellaneous Durable Goods Merchant Wholesalers
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 50% SBA (CDC) 40% Owner 10%

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