Mercantile Commercial Capital, LLC, closes on four commercial loans in June valued at more than $4,487,000

ALTAMONTE SPRINGS, Fla. — Mercantile Commercial Capital, LLC, which ranks as one of the nation"s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed on four commercial loans in June for $4,487,410 in total project costs.

Christopher Hurn, president of Mercantile Commercial Capital, said the firm"s June loan transactions include:

• $401,400 to real estate investors American Pinnacle Luxury Homes to build a 1,188 square foot office building in Pembroke Pines.

• $1,893,600 to Gaucho Steakhouse, a Brazilian-style steakhouse restaurant, to build a 7,232 square foot restaurant facility in Northville, Mich.

• $1,953,000 to Euro Motor Sport, which sells luxury automobiles, to build a 9,053 square foot showroom and sales facility in Ft. Lauderdale.

• $239,410 to the Hoffman Insurance Agency, to acquire a 1,200 square foot office building in King George, Va.

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Contacts:
Chris Hurn, Mercantile Commercial Capital, LLC 407-786-5040
Geof Longstaff, Mercantile Commercial Capital, LLC 407-786-5040
Robin Lashley, Mercantile Commercial Capital, LLC 407-786-5040
Larry Vershel or Beth Payan, LV Communications, 407-644-4142