Main Street Registry

Park Avenue Oyster Bar & Grill

Aiken, SC · Full-Service Restaurants · NAICS 722511

Park Avenue Oyster Bar & Grill is a full-service restaurant in Aiken, South Carolina, classified under NAICS code 722511. The business financed real estate or equipment through an SBA 504 loan of $1,047,000, approved on March 31, 2026, with ServisFirst Bank as the lending bank and the Certified Development Corporation of South Carolina as the certified development company. The loan supported 28 jobs according to the SBA data.

SBA 504 loan, approved Mar 31, 2026

$1,047,000 SBA portionCDC: Certified Development Corporation of South Carolina25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,047,000
Bank portion
$1,079,000
Estimated project size
$2,362,222 (estimated)
Estimated owner equity
$236,222 (estimated, about 10% of the project)
Bank lender
ServisFirst Bank, Birmingham, AL
CDC
Certified Development Corporation of South Carolina
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
March 31, 2051 (estimated, approval date plus term)
First disbursement
Jul 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
28
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Aiken County, SC
SBA district office
South Carolina District Office
Congressional district
SC-2
Collateral
Yes

Estimated share of project by source

Bank 46% SBA (CDC) 44% Owner 10%

  • Larger than 5% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in South Carolina: $2,088,205.

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 South Carolina