Top Industries Financed
- Offices of Physicians (except Mental Health Specialists)
- Full-Service Restaurants
- Limited-Service Restaurants
- Hotels (except Casino Hotels) and Motels
- Offices of Lawyers
Quick Summary
Sunshine State Economic Develo is an SBA-certified Certified Development Company (CDC) headquartered in Clearwater, Florida. Since 2010, they have approved 652 SBA 504 loans totaling $460.7M, with an average loan size of $707K. They serve businesses across 3 states.
About Sunshine State Economic Develo
Sunshine State Economic Develo is an SBA-certified Certified Development Company (CDC) headquartered in Clearwater, Florida. Since 2010, they have approved 652 SBA 504 loans totaling $460.7M, with an average loan size of $707K. They serve businesses across 3 states.
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Frequently Asked Questions
What does Sunshine State Economic Develo do?
Sunshine State Economic Develo is an SBA-certified Certified Development Company (CDC) based in Clearwater, Florida. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Sunshine State Economic Develo handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Sunshine State Economic Develo approved?
According to SBA FOIA public records, Sunshine State Economic Develo has approved 652 SBA 504 loans totaling $460.7M since 2010. Their average loan size is $707K.
What states does Sunshine State Economic Develo serve?
Sunshine State Economic Develo serves businesses in 3 states: Florida, Georgia, Tennessee.
How do I apply for an SBA 504 loan through Sunshine State Economic Develo?
To apply for an SBA 504 loan through Sunshine State Economic Develo, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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Contact Sunshine State Economic Develo
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