Freedom Adventures Llc

103 Lake Shore Dr, West Palm Beach, FL 33403

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

6

Total Amount

$6.5M

Jobs Supported

278

Years Active

2017–2024

Loan History (6)

Source: SBA FOIA
7(a)$640,000
Paid in Full
Approved
Dec 10, 2023 (FY2024)
SBA Guaranteed
$480,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
11.00%
Revolver
0
Jobs Supported
85
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Paid in Full
Sep 30, 2024

Lender

Locality Bank

1400 S Andrews Ave, Fort Lauderdale, FL 33316

Project Location

Palm Beach County, FL

7(a)$2,133,000
Paid in Full
Approved
Dec 2, 2020 (FY2021)
SBA Guaranteed
$1,599,750 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
59
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Marinas (NAICS 713930)
Paid in Full
Sep 30, 2024

Lender

Paradise Bank

3800 N Federal Hwy, Boca Raton, FL 33431

Project Location

Palm Beach County, FL

7(a)$1,195,000
Cancelled
Approved
Apr 23, 2020 (FY2020)
SBA Guaranteed
$896,250 (75%)
Term
306 months (25.5 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
44
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Marinas (NAICS 713930)

Lender

Paradise Bank

3800 N Federal Hwy, Boca Raton, FL 33431

Project Location

Palm Beach County, FL

7(a)$2,101,000
Paid in Full
Approved
Mar 14, 2019 (FY2019)
SBA Guaranteed
$1,575,750 (75%)
Term
120 months (10.0 yrs)
Interest Rate
8.00%
Revolver
0
Jobs Supported
24
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Marinas (NAICS 713930)
Paid in Full
Sep 30, 2024

Lender

Paradise Bank

3800 N Federal Hwy, Boca Raton, FL 33431

Project Location

Palm Beach County, FL

7(a)$250,000
Paid in Full
Approved
May 23, 2018 (FY2018)
SBA Guaranteed
$187,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
7.25%
Revolver
0
Jobs Supported
29
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Marinas (NAICS 713930)
Paid in Full
Sep 30, 2024

Lender

Paradise Bank

3800 N Federal Hwy, Boca Raton, FL 33431

Project Location

Palm Beach County, FL

7(a)$150,000
Paid in Full
Approved
Mar 8, 2017 (FY2017)
SBA Guaranteed
$127,500 (85%)
Term
120 months (10.0 yrs)
Interest Rate
6.25%
Revolver
0
Jobs Supported
37
Business Type
Corporation
Industry
Marinas (NAICS 713930)
Paid in Full
Sep 30, 2024

Lender

Paradise Bank

3800 N Federal Hwy, Boca Raton, FL 33431

Project Location

Palm Beach County, FL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
532284
Address
103 Lake Shore Dr
West Palm Beach, FL 33403

Lenders

Locality Bank
1400 S Andrews Ave, Fort Lauderdale, FL 33316
Paradise Bank
3800 N Federal Hwy, Boca Raton, FL 33431

Other SBA Borrowers in West Palm Beach

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