Look Both Ways Insurance LLC
Look Both Ways Insurance LLC is located in Fort Lauderdale, Florida, and is classified under NAICS 524298, All Other Insurance Related Activities. The company was approved for an SBA 504 loan of $1,095,000 through Florida Business Development Corporation and Locality Bank on November 6, 2024, to finance real estate or equipment. The loan's status is listed as not funded.
SBA 504 loan, approved Nov 6, 2024
$1,095,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,095,000
- Bank portion
- $1,335,000
- Estimated project size
- $2,700,000 (estimated)
- Estimated owner equity
- $270,000 (estimated, about 10% of the project)
- Bank lender
- Locality Bank, Fort Lauderdale, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 6, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 524298, All Other Insurance Related Activities
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in All Other Insurance Related Activities: $1,095,000.
- 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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