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Orlando Metro Gymnastics St. Cloud Inc.

St. Cloud, FL · Sports and Recreation Instruction · NAICS 611620

Orlando Metro Gymnastics St. Cloud Inc. is a sports and recreation instruction business located in St. Cloud, Florida. It financed real estate or equipment through an SBA 504 loan of $1,536,000, with a bank portion of $1,874,715 provided by Orlando CU and the project supported through Florida First Capital Finance Corporation, Inc., with approval dated February 7, 2024.

SBA 504 loan, approved Feb 7, 2024

$1,536,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,536,000
Bank portion
$1,874,715
Estimated project size
$3,789,683 (estimated)
Estimated owner equity
$378,968 (estimated, about 10% of the project)
Bank lender
Orlando CU, Orlando, FL
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 7, 2049 (estimated, approval date plus term)
First disbursement
Dec 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
611620, Sports and Recreation Instruction
Project location
Osceola 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 45% of expansion loans in Sports and Recreation Instruction on this site.
  • Average expansion loan in Sports and Recreation Instruction: $1,653,800.
  • 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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Same industry in Florida