Main Street Registry

S&G Worldwide Corp.

Safety Harbor, FL · Full-Service Restaurants · NAICS 722511

S&G Worldwide Corp. is a full-service restaurant business located in Safety Harbor, Florida. It financed real estate or equipment through an SBA 504 loan of $1,356,000, with Valley National Bank as the lender and approval dated August 13, 2024.

SBA 504 loan, approved Aug 13, 2024

$1,356,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,356,000
Bank portion
$1,628,600
Estimated project size
$3,316,222 (estimated)
Estimated owner equity
$331,622 (estimated, about 10% of the project)
Bank lender
Valley National Bank, Passaic, NJ
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 13, 2049 (estimated, approval date plus term)
First disbursement
Feb 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Pinellas County, FL
SBA district office
South Florida District Office
Congressional district
FL-12
Collateral
Yes

Estimated share of project by source

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

  • Larger than 36% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Florida: $2,058,496.

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