Bud's Chicken & Seafood
Bud's Chicken & Seafood, located in Boynton Beach, Florida, is classified under limited-service restaurants. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,444,000, approved on July 28, 2025, through a lender of BankUnited, National Association and the certified development company Florida First Capital Finance Corporation, Inc.
SBA 504 loan, approved Jul 28, 2025
$1,444,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,444,000
- Bank portion
- $1,755,360
- Estimated project size
- $3,554,844 (estimated)
- Estimated owner equity
- $355,484 (estimated, about 10% of the project)
- Bank lender
- BankUnited, National Association, Miami Lakes, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 28, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-21
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 57% of expansion loans in Limited-Service Restaurants on this site.
- Average expansion loan in Limited-Service Restaurants: $1,507,672.
- 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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