Scentsational Products Inc
Scentsational Products Inc, located in Venice, Florida, is classified under the industry All Other Miscellaneous Manufacturing (NAICS 339999). The company financed real estate or equipment through an SBA 504 loan of $4,293,000 approved on November 21, 2024, with ServisFirst Bank as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.
SBA 504 loan, approved Nov 21, 2024
$4,293,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,293,000
- Bank portion
- $4,500,000
- Estimated project size
- $9,770,000 (estimated)
- Estimated owner equity
- $977,000 (estimated, about 10% of the project)
- Bank lender
- ServisFirst Bank, Birmingham, AL
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- November 21, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 339999, All Other Miscellaneous Manufacturing
- Project location
- Sarasota County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Larger than 76% of expansion loans in All Other Miscellaneous Manufacturing on this site.
- Average expansion loan in All Other Miscellaneous Manufacturing: $2,743,762.
- 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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