Culver's
Culver's is located in Orange Beach, AL, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 504 loan ($2,257,000 SBA portion) on February 12, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
- Franchise
- Culver's
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Feb 12, 2024 | $2,257,000 | $2,740,460 | $5,552,733 (estimated) | The Clinton National Bank | Southern Development Council | 25 years | 40 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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