Straight Line Millwork & Supply, Inc.
Straight Line Millwork & Supply, Inc. is a building material dealer in Jupiter, Florida, in the Other Building Material Dealers industry (NAICS 444180). The company was approved for an SBA 504 loan of $4,908,000 on November 18, 2023, through lender Truist Bank and certified development company Florida Business Development Corporation, and the 504 program financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Nov 18, 2023
$4,908,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,908,000
- Bank portion
- $8,709,900
- Estimated project size
- $15,131,000 (estimated)
- Estimated owner equity
- $1,513,100 (estimated, about 10% of the project)
- Bank lender
- Truist Bank, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 18, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 444180, Other Building Material Dealers
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-18
- Collateral
- Yes
Estimated share of project by source
Bank 58% SBA (CDC) 32% Owner 10%
- Larger than 95% of expansion loans in Other Building Material Dealers on this site.
- Average expansion loan in Other Building Material Dealers: $2,048,289.
- 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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