Essence Corp.

1221 Brickell Ave, Miami, FL 33131 · Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

5

Total Amount

$23.5M

Jobs Supported

390

Years Active

2013–2017

Loan History (5)

Source: SBA FOIA
7(a)$5,000,000
Paid in Full
Approved
Mar 14, 2017 (FY2017)
SBA Guaranteed
$4,500,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.35%
Revolver
1
Jobs Supported
77
Business Type
Corporation
Industry
Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210)
Paid in Full
Sep 30, 2018

Lender

Hsbc Bank Usa National Association

1800 Tysons Blvd, Ste 560, Tysons, VA 22102

Project Location

Miami-dade County, FL

7(a)$5,000,000
Paid in Full
Approved
Feb 9, 2016 (FY2016)
SBA Guaranteed
$4,500,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.50%
Revolver
1
Jobs Supported
67
Business Type
Corporation
Industry
Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210)
Paid in Full
Feb 28, 2017

Lender

Hsbc Bank Usa National Association

1800 Tysons Blvd, Ste 560, Tysons, VA 22102

Project Location

Miami-dade County, FL

7(a)$5,000,000
Paid in Full
Approved
Feb 4, 2015 (FY2015)
SBA Guaranteed
$4,500,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
2.85%
Revolver
1
Jobs Supported
87
Business Type
Corporation
Industry
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Paid in Full
Jan 31, 2016

Lender

Hsbc Bank Usa National Association

1800 Tysons Blvd, Ste 560, Tysons, VA 22102

Project Location

Miami-dade County, FL

7(a)$5,000,000
Paid in Full
Approved
Feb 7, 2014 (FY2014)
SBA Guaranteed
$4,500,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
2.85%
Revolver
1
Jobs Supported
87
Business Type
Corporation
Industry
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Paid in Full
Sep 30, 2015

Lender

Hsbc Bank Usa National Association

1800 Tysons Blvd, Ste 560, Tysons, VA 22102

Project Location

Miami-dade County, FL

7(a)$3,500,000
Paid in Full
Approved
Nov 8, 2012 (FY2013)
SBA Guaranteed
$3,150,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.25%
Revolver
1
Jobs Supported
72
Business Type
Corporation
Industry
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Paid in Full
Jan 31, 2014

Lender

Hsbc Bank Usa National Association

1800 Tysons Blvd, Ste 560, Tysons, VA 22102

Project Location

Miami-dade County, FL

Business Details

Business Type
Corporation
NAICS Code
424210 Drugs and Druggists' Sundries Merchant Wholesalers
Address
1221 Brickell Ave
Miami, FL 33131

Lender

Hsbc Bank Usa National Association
1800 Tysons Blvd, Ste 560, Tysons, VA 22102

Other SBA Borrowers in Miami

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