New Era Business Llc

815 W Daughtery Rd, Lakeland, FL 33809 · Homes for the Elderly (NAICS 623312)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

6

Total Amount

$8.3M

Jobs Supported

115

Years Active

2021–2022

Loan History (6)

Source: SBA FOIA
7(a)$3,899,000
Exempt
Approved
Dec 26, 2021 (FY2022)
SBA Guaranteed
$2,924,250 (75%)
Term
299 months (24.9 yrs)
Interest Rate
4.25%
Revolver
0
Jobs Supported
19
Business Type
Corporation
Business Age
Change of Ownership
Industry
Homes for the Elderly (NAICS 623312)

Lender

Hometrust Bank

10 Woodfin St, Asheville, NC 28801

Project Location

Polk County, FL

7(a)$200,000
Exempt
Approved
Dec 27, 2021 (FY2022)
SBA Guaranteed
$100,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
4.25%
Revolver
0
Jobs Supported
1
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Homes for the Elderly (NAICS 623312)

Lender

Hometrust Bank

10 Woodfin St, Asheville, NC 28801

Project Location

Polk County, FL

7(a)$3,753,000
Cancelled
Approved
Jul 29, 2021 (FY2021)
SBA Guaranteed
$3,377,700 (90%)
Term
300 months (25.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
19
Business Type
Corporation
Business Age
Change of Ownership
Industry
Homes for the Elderly (NAICS 623312)

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Polk County, FL

7(a)$135,000
Cancelled
Approved
Jul 29, 2021 (FY2021)
SBA Guaranteed
$121,500 (90%)
Term
120 months (10.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
19
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Homes for the Elderly (NAICS 623312)

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Polk County, FL

7(a)$135,000
Cancelled
Approved
Jul 29, 2021 (FY2021)
SBA Guaranteed
$121,500 (90%)
Term
120 months (10.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
19
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Homes for the Elderly (NAICS 623312)

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Polk County, FL

7(a)$135,000
Cancelled
Approved
Sep 18, 2021 (FY2021)
SBA Guaranteed
$121,500 (90%)
Term
120 months (10.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
38
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Homes for the Elderly (NAICS 623312)

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Polk County, FL

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
623312 Homes for the Elderly
Address
815 W Daughtery Rd
Lakeland, FL 33809

Lenders

Hometrust Bank
10 Woodfin St, Asheville, NC 28801
Bank Five Nine
155 W Wisconsin Ave, Oconomowoc, WI 53066

Other SBA Borrowers in Lakeland

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