Southern Cross Aviation Llc

5250 33rd Ave, Fort Lauderdale, FL 33309 · Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

Total Amount

$37.5M

Jobs Supported

420

Years Active

2013–2024

Loan History (9)

Source: SBA FOIA

7(a)$5,000,000

Exempt

Approved: Jul 22, 2024 (FY2024)
SBA Guaranteed: $4,500,000 (90%)
Term: 25 months (2.1 yrs)
Interest Rate: 7.75%
Revolver: 1
Jobs Supported: 55
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$5,000,000

Paid in Full

Approved: Jun 3, 2021 (FY2021)
SBA Guaranteed: $4,500,000 (90%)
Term: 37 months (3.1 yrs)
Interest Rate: 2.50%
Revolver: 1
Jobs Supported: 47
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)
Paid in Full: Jun 30, 2024

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$5,000,000

Paid in Full

Approved: May 5, 2020 (FY2020)
SBA Guaranteed: $4,500,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 2.50%
Revolver: 1
Jobs Supported: 54
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)
Paid in Full: May 31, 2021

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$5,000,000

Paid in Full

Approved: Apr 10, 2019 (FY2019)
SBA Guaranteed: $4,500,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 4.75%
Revolver: 1
Jobs Supported: 47
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)
Paid in Full: Jun 30, 2020

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$3,500,000

Paid in Full

Approved: Jan 18, 2018 (FY2018)
SBA Guaranteed: $3,150,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 3.75%
Revolver: 1
Jobs Supported: 31
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Other Support Activities for Air Transportation (NAICS 488190)
Paid in Full: Mar 31, 2019

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$3,500,000

Paid in Full

Approved: Oct 28, 2016 (FY2017)
SBA Guaranteed: $3,150,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 3.75%
Revolver: 1
Jobs Supported: 41
Business Type: Corporation
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)
Paid in Full: Dec 31, 2017

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$3,500,000

Paid in Full

Approved: Nov 12, 2015 (FY2016)
SBA Guaranteed: $3,150,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 3.50%
Revolver: 1
Jobs Supported: 48
Business Type: Corporation
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)
Paid in Full: Dec 31, 2016

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$3,500,000

Paid in Full

Approved: Oct 29, 2014 (FY2015)
SBA Guaranteed: $3,150,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 3.50%
Revolver: 1
Jobs Supported: 48
Business Type: Corporation
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)
Paid in Full: Nov 30, 2015

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

7(a)$3,500,000

Paid in Full

Approved: Jul 3, 2013 (FY2013)
SBA Guaranteed: $3,150,000 (90%)
Term: 12 months (1.0 yrs)
Interest Rate: 3.50%
Revolver: 0
Jobs Supported: 49
Business Type: Corporation
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant (NAICS 423860)
Paid in Full: Dec 31, 2014

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Broward County, FL

Business Details

Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
NAICS Code: 423860 — Transportation Equipment and Supplies (except Motor Vehicle) Merchant
Address: 5250 33rd Ave
Fort Lauderdale, FL 33309

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

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