Corporate Caterers
Corporate Caterers is located in Temple Terrace, FL, and the SBA lists its industry as Caterers. It was approved for an SBA 7(a) loan of $600,000 for a change of ownership on December 19, 2024.
SBA 7(a) loan, change of ownership, approved Dec 19, 2024
- Gross approval
- $600,000
- SBA-guaranteed amount
- $450,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.6%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 19, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,797 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 722320, Caterers
- Project location
- Hillsborough County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 5% of acquisition loans in Caterers on this site.
- Average acquisition loan in Caterers: $2,164,405.
- Average acquisition loan in Florida: $1,808,559.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Florida
- Djs Bee Flat LLC, Miami
- Amici's Catering, Oldsmar
- Two Guys Kitchen & Catering LLC, Fort Myers
- Chipis Cafe LLC, Miami
- Nathalie's Catering, Miami