The Hive Waterfront Restaurant
The Hive Waterfront Restaurant is a full-service restaurant in Lake Worth, Florida, in the Full-Service Restaurants industry (NAICS 722511). The business was approved for an SBA 504 loan of $1,661,000 through Florida Business Development Corporation, with Harvest Commercial Capital, LLC as the lender, with an approval date of July 7, 2026, for real estate or equipment financing.
SBA 504 loan, approved Jul 7, 2026
- SBA (CDC) portion
- $1,661,000
- Bank portion
- $2,018,000
- Estimated project size
- $4,087,778 (estimated)
- Estimated owner equity
- $408,778 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- July 7, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 722511, Full-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 60% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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