Main Street Registry

Ponce Investment Holdings, LLC

Coral Gables, FL · Offices of Lawyers · NAICS 541110

Ponce Investment Holdings, LLC is located in Coral Gables, Florida, and operates in the offices of lawyers industry (NAICS 541110). The company financed real estate or equipment through an SBA 504 loan of $1,190,000, approved on April 11, 2024, with BankUnited, National Association as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Apr 11, 2024

$1,190,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,190,000
Bank portion
$1,451,000
Estimated project size
$2,934,444 (estimated)
Estimated owner equity
$293,444 (estimated, about 10% of the project)
Bank lender
BankUnited, National Association, Miami Lakes, 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
April 11, 2049 (estimated, approval date plus term)
First disbursement
Sep 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
541110, Offices of Lawyers
Project location
Miami-Dade County, FL
SBA district office
South Florida District Office
Congressional district
FL-27
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 18% of expansion loans in Offices of Lawyers on this site.
  • Average expansion loan in Offices of Lawyers: $1,858,425.
  • 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