Main Street Registry

JGV Business Ventures LLC

Lauderdale By the Sea, FL · Full-Service Restaurants · NAICS 722511

JGV Business Ventures LLC, located in Lauderdale By the Sea, Florida, operates in the full-service restaurants industry (NAICS 722511). The business was financed with an SBA 7(a) loan for a change of ownership of $3.3 million, approved by Readycap Lending, LLC on December 16, 2025.

SBA 7(a) loan, change of ownership, approved Dec 16, 2025

$3,327,700 approvedLender: Readycap Lending, LLC10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,327,700
SBA-guaranteed amount
$2,495,775 (75% of the approval)
Lender
Readycap Lending, LLC, Berkeley Heights, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
December 16, 2035 (estimated, approval date plus term)
Estimated monthly payment
$43,516 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 19, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
60
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-22
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 95% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • 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