SBA 7(a)PURCH(NOT C/O)

The Locust

Miami Beach, FLNewtek Bank, National AssociationFull-Service Restaurants · NAICS 722511

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APPROVAL AMOUNT

$1,550,000

PROGRAM

SBA 7(a)

9 years term

APPROVED

2024-02-22

11.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Miami Beach, FL 33139

INDUSTRY

Full-Service Restaurants · NAICS 722511

BUSINESS STRUCTURE

Corporation

LOAN TERM

9 years

INITIAL INTEREST RATE

11.5%

LOAN STATUS

PURCH(NOT C/O)

Miami Beach, FL 33139

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