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SFMB Tierra Verde Property, LLC

Saint Petersburg, FL · Full-Service Restaurants · NAICS 722511

SFMB Tierra Verde Property, LLC, located in Saint Petersburg, FL, is classified under the industry Full-Service Restaurants (NAICS 722511). The business financed real estate or equipment through an SBA 504 loan of $3,136,000, approved on February 19, 2026, with Valley National Bank as the lending bank and Sunshine State Economic Development Corporation as the certified development company.

SBA 504 loan, approved Feb 19, 2026

$3,136,000 SBA portionCDC: Sunshine State Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,136,000
Bank portion
$3,811,500
Estimated project size
$7,719,444 (estimated)
Estimated owner equity
$771,944 (estimated, about 10% of the project)
Bank lender
Valley National Bank, Passaic, NJ
CDC
Sunshine State Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 19, 2051 (estimated, approval date plus term)
First disbursement
May 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Pinellas County, FL
SBA district office
South Florida District Office
Congressional district
FL-13
Collateral
Yes

Estimated share of project by source

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

  • Larger than 91% 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