Festival Food Market, Inc.
Festival Food Market, Inc. is a supermarket and grocery retailer in Pembroke Pines, Florida, classified under NAICS 445110. The company financed real estate or equipment through an SBA 504 loan of $3,127,000, approved on March 24, 2026, through lender Regions Bank with Florida First Capital Finance Corporation, Inc. as the certified development company.
SBA 504 loan, approved Mar 24, 2026
$3,127,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,127,000
- Bank portion
- $3,802,600
- Estimated project size
- $7,699,556 (estimated)
- Estimated owner equity
- $769,956 (estimated, about 10% of the project)
- Bank lender
- Regions Bank, Birmingham, AL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 24, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 71% of expansion loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average expansion loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $2,388,397.
- 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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