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FRANCHISE BRAND· Limited-Service Restaurants

SBA loans for Costa Vida

4 SBA loans have financed Costa Vida locations since 2004, written by 3 different lenders across 3 states. Half were approved for $408K or less, the mix is a mix of 7(a) and 504, and 75% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
4
none in last 5 yrs
Median approval
$408K
90th pct $440K
Total approved
$1.7M
all years
To new owners
75%
3 loans
Lenders
3
3 states
No SBA loan has been recorded for this brand in the last five years. That can mean the brand stopped franchising, was renamed, or is now recorded under a different name in the SBA extract. Treat the numbers above as history, not as current appetite.

The lenders that fund Costa Vida

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Springfield, MO
Costa Vida loans
2
In last 5 yrs
0
Typical loan
$425K
To new owners
100%
Last approval
May 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
San Diego, CA
Costa Vida loans
1
In last 5 yrs
0
Typical loan
$415K
To new owners
0%
Last approval
Jan 2011
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Sioux Falls, SD
Costa Vida loans
1
In last 5 yrs
0
Typical loan
$388K
To new owners
100%
Last approval
Dec 2004
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.