Main Street Registry

Opelika Custard LLC

Opelika, AL · Limited-Service Restaurants · NAICS 722513

Opelika Custard LLC is a limited-service restaurant business located in Opelika, Alabama, in the Limited-Service Restaurants industry. The company financed real estate or equipment through an SBA 504 loan of $2,469,000 from The Huntington National Bank, with Florida Business Development Corporation as the certified development company, approved on January 26, 2026.

SBA 504 loan, approved Jan 26, 2026

$2,469,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,469,000
Bank portion
$3,000,000
Estimated project size
$6,076,667 (estimated)
Estimated owner equity
$607,667 (estimated, about 10% of the project)
Bank lender
The Huntington National Bank, Columbus, OH
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 26, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
30
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Culver's
Project location
Lee County, AL
SBA district office
Alabama District Office
Congressional district
AL-3
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 94% of expansion loans in Limited-Service Restaurants on this site.
  • Average expansion loan in Limited-Service Restaurants: $1,507,672.
  • Average expansion loan in Alabama: $2,182,891.

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 Alabama