Bayridge Sushi
Bayridge Sushi is a full-service restaurant business in Kissimmee, Florida, in the full-service restaurants industry (NAICS 722511). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,026,000, approved on June 6, 2024, through Pinnacle Bank with Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Jun 6, 2024
- SBA (CDC) portion
- $1,026,000
- Bank portion
- $1,925,000
- Estimated project size
- $3,278,889 (estimated)
- Estimated owner equity
- $327,889 (estimated, about 10% of the project)
- Bank lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 6, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Osceola County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-9
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 2% 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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