TSI Commercial Floor Covering of Texas Inc.
TSI Commercial Floor Covering of Texas Inc. is a flooring contractor in Fort Lauderdale, Florida, classified under NAICS code 238330 (Flooring Contractors). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,752,000, approved on April 28, 2025 through Seacoast National Bank and Florida First Capital Finance Corporation, Inc.
SBA 504 loan, approved Apr 28, 2025
$1,752,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,752,000
- Bank portion
- $2,100,000
- Estimated project size
- $4,280,000 (estimated)
- Estimated owner equity
- $428,000 (estimated, about 10% of the project)
- Bank lender
- Seacoast National Bank, Stuart, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 28, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 238330, Flooring Contractors
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Flooring Contractors: $2,143,375.
- 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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