Excelag Corp.

7300 N Kendall Dr, Miami, FL 33156 · Nitrogenous Fertilizer Manufacturing (NAICS 325311)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

13

Total Amount

$22.1M

Jobs Supported

137

Years Active

2002–2024

Loan History (13)

Source: SBA FOIA
7(a)$2,500,000
Exempt
Approved
Aug 6, 2024 (FY2024)
SBA Guaranteed
$2,250,000 (90%)
Term
24 months (2.0 yrs)
Interest Rate
9.50%
Revolver
1
Jobs Supported
13
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
Jun 22, 2021 (FY2021)
SBA Guaranteed
$2,250,000 (90%)
Term
38 months (3.2 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
13
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
Jun 30, 2024

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$500,000
Exempt
Approved
May 10, 2021 (FY2021)
SBA Guaranteed
$375,000 (75%)
Term
72 months (6.0 yrs)
Interest Rate
6.00%
Revolver
1
Jobs Supported
16
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$500,000
Paid in Full
Approved
Jan 23, 2020 (FY2020)
SBA Guaranteed
$450,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.75%
Revolver
1
Jobs Supported
7
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
Mar 31, 2021

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
May 8, 2020 (FY2020)
SBA Guaranteed
$2,250,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
15
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
May 31, 2021

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
Apr 9, 2019 (FY2019)
SBA Guaranteed
$2,250,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
6.50%
Revolver
1
Jobs Supported
7
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
May 31, 2020

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$500,000
Paid in Full
Approved
Nov 14, 2018 (FY2019)
SBA Guaranteed
$450,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
6.25%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
Jan 31, 2020

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
Mar 28, 2018 (FY2018)
SBA Guaranteed
$2,250,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.50%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
Mar 31, 2019

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
Dec 29, 2016 (FY2017)
SBA Guaranteed
$2,250,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.50%
Revolver
1
Jobs Supported
8
Business Type
Corporation
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
Feb 28, 2018

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$2,500,000
Paid in Full
Approved
Sep 15, 2015 (FY2015)
SBA Guaranteed
$2,250,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.50%
Revolver
1
Jobs Supported
7
Business Type
Corporation
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
Nov 30, 2016

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$1,500,000
Paid in Full
Approved
May 6, 2014 (FY2014)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.00%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
Oct 31, 2015

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$1,500,000
Paid in Full
Approved
Mar 28, 2013 (FY2013)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.00%
Revolver
1
Jobs Supported
15
Business Type
Corporation
Industry
Nitrogenous Fertilizer Manufacturing (NAICS 325311)
Paid in Full
May 31, 2014

Lender

Banesco Usa

3155 Nw 77th Ave, Miami, FL 33122

Project Location

Miami-dade County, FL

7(a)$50,000
Paid in Full
Approved
Nov 27, 2001 (FY2002)
SBA Guaranteed
$25,000 (50%)
Term
60 months (5.0 yrs)
Revolver
0
Jobs Supported
6
Business Type
Corporation
Industry
Pesticide and Other Agricultural Chemical Manufacturing (NAICS 325320)
Paid in Full
May 31, 2005

Lender

Citibank, N.a.

5800 S Corporate Place, Sioux Falls, SD 57108

Project Location

Miami-dade County, FL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
325311 — Nitrogenous Fertilizer Manufacturing
Address
7300 N Kendall Dr
Miami, FL 33156

Lenders

Banesco Usa
3155 Nw 77th Ave, Miami, FL 33122
Citibank, N.a.
5800 S Corporate Place, Sioux Falls, SD 57108

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