Kenny's Liquors
Kenny's Liquors is a beer, wine, and liquor retailer located in New Smyrna Beach, Florida. The company financed real estate or equipment through an SBA 504 loan in the amount of $1,092,000, with Truist Bank as the lending bank and Florida Business Development Corporation as the certified development company, and the loan was approved on July 7, 2025.
SBA 504 loan, approved Jul 7, 2025
$1,092,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,092,000
- Bank portion
- $1,245,000
- Estimated project size
- $2,596,667 (estimated)
- Estimated owner equity
- $259,667 (estimated, about 10% of the project)
- Bank lender
- Truist Bank, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 7, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 7
- Business type
- LLC or partnership
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Volusia County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-6
- Collateral
- Yes
Estimated share of project by source
Bank 48% SBA (CDC) 42% Owner 10%
- Larger than 14% of expansion loans in Beer, Wine, and Liquor Retailers on this site.
- Average expansion loan in Beer, Wine, and Liquor Retailers: $1,620,045.
- 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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