Raglan Group Inc

7650 Nw 50th St, Miami, FL 33166 · Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

9

Total Amount

$11.4M

Jobs Supported

182

Years Active

2012–2019

Loan History (9)

Source: SBA FOIA
7(a)$300,000
Paid in Full
Approved
Dec 21, 2018 (FY2019)
SBA Guaranteed
$270,000 (90%)
Term
84 months (7.0 yrs)
Interest Rate
7.50%
Revolver
1
Jobs Supported
20
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
Jul 31, 2025

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$400,000
Paid in Full
Approved
Dec 21, 2018 (FY2019)
SBA Guaranteed
$360,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
7.50%
Revolver
1
Jobs Supported
20
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
Jan 31, 2020

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$150,000
Paid in Full
Approved
Jul 26, 2017 (FY2017)
SBA Guaranteed
$135,000 (90%)
Term
84 months (7.0 yrs)
Interest Rate
6.25%
Revolver
1
Jobs Supported
20
Business Type
Corporation
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
Jan 31, 2019

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$2,000,000
Paid in Full
Approved
Mar 29, 2016 (FY2016)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.50%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
Mar 31, 2017

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$2,000,000
Paid in Full
Approved
Mar 9, 2015 (FY2015)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
24
Business Type
Corporation
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
Apr 30, 2016

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$530,000
Paid in Full
Approved
Jul 23, 2015 (FY2015)
SBA Guaranteed
$477,000 (90%)
Term
60 months (5.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
Aug 31, 2020

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$2,000,000
Paid in Full
Approved
Feb 26, 2014 (FY2014)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.25%
Revolver
1
Jobs Supported
24
Business Type
Corporation
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
May 31, 2015

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$2,000,000
Cancelled
Approved
Oct 11, 2011 (FY2012)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.75%
Revolver
1
Jobs Supported
27
Business Type
Corporation
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

7(a)$2,000,000
Paid in Full
Approved
Oct 12, 2011 (FY2012)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.75%
Revolver
1
Jobs Supported
27
Business Type
Corporation
Industry
Construction and Mining (except Oil Well) Machinery and Equipment Merc (NAICS 423810)
Paid in Full
May 31, 2013

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Miami-dade County, FL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
423810 — Construction and Mining (except Oil Well) Machinery and Equipment Merc
Address
7650 Nw 50th St
Miami, FL 33166

Lender

First American Bank
700 Busse Rd, Elk Grove Village, IL 60007

Other SBA Borrowers in Miami

Adistec Corporation$25.1M in SBA loansEssence Corp.$23.5M in SBA loansPoultry and Industrial Suppliers Inc$22.5M in SBA loansExcelag Corp.$22.1M in SBA loansSouth Florida Foods International Inc.$18.4M in SBA loans
← Back to Miami SBA Lending
Advertisement