SBA lending record

World Brands, Inc.

2814 MERCURY RD, Jacksonville, FL 32207 · Furniture Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.1M

Total SBA financing

Loans on record

FY2020–23

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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All 6 loans

$500,000 — FY2023

Loan 1 of 6

Gross approval: $500,000
SBA guaranteed: $450,000 (90%)
Status: Paid in full
Rate at approval: 10.5% v
Term: 23 mo (2 yr)
Program: Preferred Lenders with EWCP
Subprogram: Revolving Line of Credit Expor
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/10/2023
First disbursement: 7/20/2023
Days to fund: 10 days
Paid in full: 12/31/2024
Collateral: Required
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Industrial and Personal Service Paper Merchant Wholesalers
NAICS code: 424130
Lender: Regions Bank
Address: 11870 HIALEAH GARDENS BLVD
City: Hialeah Gardens, 33018
County: Miami-Dade
SBA district office: SOUTH FLORIDA DISTRICT OFFICE
Congressional district: 25

$500,000 — FY2022

Loan 2 of 6

Gross approval: $500,000
SBA guaranteed: $450,000 (90%)
Status: Paid in full
Rate at approval: 5.75% v
Term: 15 mo (1 yr)
Program: Preferred Lenders with EWCP
Subprogram: Revolving Line of Credit Expor
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/30/2022
First disbursement: 5/5/2022
Days to fund: 36 days
Paid in full: 8/31/2023
Collateral: Required
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Industrial and Personal Service Paper Merchant Wholesalers
NAICS code: 424130
Lender: Regions Bank
Address: 12620-3 BEACH BLVD PMB 132
City: Jacksonville, 32246
County: Duval
SBA district office: NORTH FLORIDA DISTRICT OFFICE
Congressional district: 1

$500,000 — FY2021

Loan 3 of 6

Gross approval: $500,000
SBA guaranteed: $450,000 (90%)
Status: Cancelled
Rate at approval: 5.49% v
Term: 12 mo (1 yr)
Program: Preferred Lenders with EWCP
Subprogram: Revolving Line of Credit Expor
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/14/2020
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Furniture Merchant Wholesalers
NAICS code: 423210
Lender: Regions Bank
Address: 2814 MERCURY RD
City: Jacksonville, 32207
County: Duval
SBA district office: NORTH FLORIDA DISTRICT OFFICE
Congressional district: 1

$766,700 — FY2020

Loan 4 of 6

Gross approval: $766,700
SBA guaranteed: $575,025 (75%)
Status: Paid in full
Rate at approval: 4.25% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/24/2020
First disbursement: 5/31/2020
Days to fund: 37 days
Paid in full: 12/31/2021
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Furniture Merchant Wholesalers
NAICS code: 423210
Lender: Regions Bank
Address: 2814 MERCURY RD
City: Jacksonville, 32207
County: Duval
SBA district office: NORTH FLORIDA DISTRICT OFFICE
Congressional district: 1

$350,000 — FY2020

Loan 5 of 6

Gross approval: $350,000
SBA guaranteed: $175,000 (50%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 119 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/24/2020
First disbursement: 5/8/2020
Days to fund: 14 days
Paid in full: 8/31/2022
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Furniture Merchant Wholesalers
NAICS code: 423210
Lender: Regions Bank
Address: 2814 MERCURY RD
City: Jacksonville, 32207
County: Duval
SBA district office: NORTH FLORIDA DISTRICT OFFICE
Congressional district: 1

$500,000 — FY2020

Loan 6 of 6

Gross approval: $500,000
SBA guaranteed: $375,000 (75%)
Status: Cancelled
Rate at approval: 5.49% v
Term: 12 mo (1 yr)
Program: Standard Asset Base Working Capital Line
Subprogram: Standard Asset Based
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/22/2020
Collateral: Required
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Furniture Merchant Wholesalers
NAICS code: 423210
Lender: Regions Bank
Address: 2814 MERCURY RD
City: Jacksonville, 32207
County: Duval
SBA district office: NORTH FLORIDA DISTRICT OFFICE
Congressional district: 1

The lender

Regions Bank

6 loans to this businessFull SBA lending record + branches on the lender page →

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