MERCANTILE CLOSES ON CONSTRUCTION LOAN

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SANFORD, FLA. — Altamonte Springs, Fla.-based Mercantile Capital Corp. has arranged a SBA 504 loan for the Sanford Auto Dealers Exchange, located on Martin Luther King Boulevard in Sanford. The loan financed 85 percent of construction costs, valued at more than $11.2 million, for the company's auto storage facilities.

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