Motosurge Llc
2701 N State Road 7, Margate, FL 33063 · Used Car Dealers (NAICS 441120)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$2.3M
Jobs Supported
20
Years Active
2020–2020
Loan History (2)
Source: SBA FOIA7(a)$427,500
Paid in Full
- Approved
- Apr 21, 2020 (FY2020)
- SBA Guaranteed
- $320,625 (75%)
- Term
- 306 months (25.5 yrs)
- Interest Rate
- 5.00%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- Used Car Dealers (NAICS 441120)
- Paid in Full
- Nov 30, 2022
Lender
Paradise Bank
3800 N Federal Hwy, Boca Raton, FL 33431
Project Location
Broward County, FL
7(a)$1,890,000
Paid in Full
- Approved
- Apr 21, 2020 (FY2020)
- SBA Guaranteed
- $1,417,500 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.00%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- Used Car Dealers (NAICS 441120)
- Paid in Full
- Nov 30, 2022
Lender
Paradise Bank
3800 N Federal Hwy, Boca Raton, FL 33431
Project Location
Broward County, FL
Business Details
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- NAICS Code
- 441120 — Used Car Dealers
- Address
- 2701 N State Road 7
Margate, FL 33063
Lender
- Paradise Bank
- 3800 N Federal Hwy, Boca Raton, FL 33431