Main Street Registry

Leuenberger Enterprise, Incorporated

Graceville, FL · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Leuenberger Enterprise, Incorporated is a grocery retailer in Graceville, Florida, classified under NAICS 445110 for supermarkets and other grocery retailers (except convenience retailers). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1.8 million, approved on April 8, 2025 by The Bancorp Bank National Association, and the loan reports 39 jobs and a Piggly Wiggly franchise.

SBA 7(a) loan, change of ownership, approved Apr 8, 2025

$1,801,700 approvedLender: The Bancorp Bank National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,801,700
SBA-guaranteed amount
$1,351,275 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
April 8, 2050 (estimated, approval date plus term)
Estimated monthly payment
$14,813 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
39
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Franchise
Piggly Wiggly
Project location
Jackson County, FL
SBA district office
North Florida District Office
Congressional district
FL-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Florida