Bel Air Mediterranean LLC
Bel Air Mediterranean LLC, located in Clearwater, Florida, operates in the full-service restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership of $1,752,100, approved on August 19, 2025 by lender Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Aug 19, 2025
$1,752,100 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,752,100
- SBA-guaranteed amount
- $1,314,075 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 19, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $15,308 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- 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
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 79% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- 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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