Moby Auto Collision Repair Center
Moby Auto Collision Repair Center is an automotive body, paint, and interior repair and maintenance business located in Homestead, Florida. It financed real estate or equipment through an SBA 504 loan of $1,483,000, approved on March 24, 2026, through Bank of America, National Association, with Florida Business Development Corporation as the certified development company. The loan has not been funded.
SBA 504 loan, approved Mar 24, 2026
$1,483,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,483,000
- Bank portion
- $1,800,000
- Estimated project size
- $3,647,778 (estimated)
- Estimated owner equity
- $364,778 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Premier Certified Lenders Program: CDC approved under delegated SBA authority
- Term
- 25 years (300 months)
- Estimated maturity
- March 24, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 811121, Automotive Body, Paint, and Interior Repair and Maintenance
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-26
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 48% of expansion loans in Automotive Body, Paint, and Interior Repair and Maintenance on this site.
- Average expansion loan in Automotive Body, Paint, and Interior Repair and Maintenance: $1,613,705.
- 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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