Main Street Registry

Culver's of Lutz

Lutz, FL · Limited-Service Restaurants · NAICS 722513

Culver's of Lutz is a limited-service restaurant in Lutz, Florida, classified under NAICS 722513 and operating as a Culver's franchise. The business financed real estate or equipment through an SBA 504 loan of $2,366,000, approved on February 23, 2026, with Bank Five Nine as the bank partner and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Feb 23, 2026

$2,366,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,366,000
Bank portion
$2,875,000
Estimated project size
$5,823,333 (estimated)
Estimated owner equity
$582,333 (estimated, about 10% of the project)
Bank lender
Bank Five Nine, Oconomowoc, WI
CDC
Florida Business Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
February 23, 2051 (estimated, approval date plus term)
First disbursement
Jun 17, 2026
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Culver's
Project location
Hillsborough County, FL
SBA district office
South Florida District Office
Congressional district
FL-12
Collateral
Yes

Estimated share of project by source

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

  • Larger than 91% 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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Same industry in Florida