Main Street Registry

Sal's Pizzeria and Italian Cafe

Navarre, FL · Limited-Service Restaurants · NAICS 722513

Sal's Pizzeria and Italian Cafe is a limited-service restaurant located in Navarre, Florida, in the limited-service restaurants industry. It was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $754,000 from First Internet Bank of Indiana, approved on April 23, 2025.

SBA 7(a) loan, change of ownership, approved Apr 23, 2025

$754,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$754,000
SBA-guaranteed amount
$565,500 (75% of the approval)
Lender
First Internet Bank of Indiana, Fishers, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
April 23, 2035 (estimated, approval date plus term)
Estimated monthly payment
$10,069 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 9, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Santa Rosa County, FL
SBA district office
North Florida District Office
Congressional district
FL-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 36% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • 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