Safe Ship Moving Service and Safe Ship Moving Services
Safe Ship Moving Service and Safe Ship Moving Services is located in Boca Raton, Florida, in the telemarketing bureaus and other contact centers industry. The company financed real estate or equipment through an SBA 504 loan of $2,326,000, approved May 10, 2024, with Regions Bank as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.
SBA 504 loan, approved May 10, 2024
$2,326,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,326,000
- Bank portion
- $2,840,650
- Estimated project size
- $5,740,722 (estimated)
- Estimated owner equity
- $574,072 (estimated, about 10% of the project)
- Bank lender
- Regions Bank, Birmingham, AL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 10, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 16, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 122
- Business type
- Corporation
- NAICS
- 561422, Telemarketing Bureaus and Other Contact Centers
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-21
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Telemarketing Bureaus and Other Contact Centers: $2,326,000.
- 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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