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The Yardery of New Smyrna Beach LLC

New Smyrna Beach, FL · Drinking Places (Alcoholic Beverages) · NAICS 722410

The Yardery of New Smyrna Beach LLC, located in New Smyrna Beach, Florida, operates in the drinking places (alcoholic beverages) industry, NAICS code 722410. The company was approved for an SBA 504 loan of $1,727,000 from Bank Five Nine, with Florida First Capital Finance Corporation, Inc. as the certified development company, and the loan approval is dated May 26, 2026.

SBA 504 loan, approved May 26, 2026

$1,727,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,727,000
Bank portion
$2,097,500
Estimated project size
$4,249,444 (estimated)
Estimated owner equity
$424,944 (estimated, about 10% of the project)
Bank lender
Bank Five Nine, Oconomowoc, WI
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 26, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
60
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Volusia County, FL
SBA district office
North Florida District Office
Congressional district
FL-6
Collateral
Yes

Estimated share of project by source

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

  • Larger than 75% of expansion loans in Drinking Places (Alcoholic Beverages) on this site.
  • Average expansion loan in Drinking Places (Alcoholic Beverages): $1,516,000.
  • 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