Southern Solutions Group Llc

2129 Nw 86 Avenue, Doral, FL 33122 · Electronic Computer Manufacturing (NAICS 334111)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

6

Total Amount

$13.2M

Jobs Supported

125

Years Active

2016–2019

Loan History (6)

Source: SBA FOIA
7(a)$1,800,000
Exempt
Approved
Dec 19, 2018 (FY2019)
SBA Guaranteed
$1,620,000 (90%)
Term
24 months (2.0 yrs)
Interest Rate
5.75%
Revolver
1
Jobs Supported
22
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Electronic Computer Manufacturing (NAICS 334111)

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,900,000
Charged Off
Approved
Dec 19, 2018 (FY2019)
SBA Guaranteed
$2,610,000 (90%)
Term
24 months (2.0 yrs)
Interest Rate
5.75%
Revolver
1
Jobs Supported
25
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Electronic Computer Manufacturing (NAICS 334111)
Charge-off Date
Oct 16, 2023
Charge-off Amount
$2,624,518

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,900,000
Paid in Full
Approved
Oct 12, 2017 (FY2018)
SBA Guaranteed
$2,610,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.75%
Revolver
1
Jobs Supported
29
Business Type
Corporation
Business Age
Existing, 5 or More Years
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Nov 30, 2018

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$1,800,000
Paid in Full
Approved
Oct 12, 2017 (FY2018)
SBA Guaranteed
$1,620,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.75%
Revolver
1
Jobs Supported
29
Business Type
Corporation
Business Age
Existing, 5 or More Years
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Nov 30, 2018

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,800,000
Paid in Full
Approved
Jun 13, 2016 (FY2016)
SBA Guaranteed
$2,520,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Aug 31, 2017

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$1,000,000
Paid in Full
Approved
Jun 13, 2016 (FY2016)
SBA Guaranteed
$900,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Industry
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990)
Paid in Full
Aug 31, 2017

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
334111 Electronic Computer Manufacturing
Address
2129 Nw 86 Avenue
Doral, FL 33122

Lender

Banesco Usa
3155 Nw 77th Ave, Miami, FL 33122

Other SBA Borrowers in Doral

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