Homestead Treat Inc.
Homestead Treat Inc. is a limited-service restaurant business in Homestead, Florida, in the NAICS industry for limited-service restaurants. The company was financed with an SBA 7(a) loan for a change of ownership of $1,105,000, approved on August 28, 2026 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Aug 28, 2026
$1,105,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,105,000
- SBA-guaranteed amount
- $828,750 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.35%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,612 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- DQ Grill & Chill Operating Agreement (American Dairy Queen)
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Florida: $1,808,559.
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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