Okeechobee Painting Center, LLC.
Okeechobee Painting Center, LLC. is a business in Okeechobee, Florida, in the industry of commercial and industrial machinery and equipment repair and maintenance (except automotive and electronic). The company was approved for an SBA 504 loan of $1,343,000 on December 7, 2025, through Hancock Whitney Bank and Florida First Capital Finance Corporation, Inc., and the loan is financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Dec 7, 2025
$1,343,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,343,000
- Bank portion
- $1,630,490
- Estimated project size
- $3,303,878 (estimated)
- Estimated owner equity
- $330,388 (estimated, about 10% of the project)
- Bank lender
- Hancock Whitney Bank, Gulfport, MS
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 7, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- Project location
- Okeechobee County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-9
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 38% of expansion loans in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance on this site.
- Average expansion loan in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: $1,803,500.
- 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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