Main Street Registry

Piocos Chicken Deli & Bakery #2

St. Cloud, FL · Full-Service Restaurants · NAICS 722511

Piocos Chicken Deli & Bakery #2, located in St. Cloud, Florida, operates in the full-service restaurants industry (NAICS 722511). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,537,000, approved on January 8, 2025, through Cypress Bank & Trust with Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Jan 8, 2025

$2,537,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,537,000
Bank portion
$2,550,000
Estimated project size
$5,652,222 (estimated)
Estimated owner equity
$565,222 (estimated, about 10% of the project)
Bank lender
Cypress Bank & Trust, Melbourne, FL
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 8, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
36
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Osceola County, FL
SBA district office
South Florida District Office
Congressional district
FL-9
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Larger than 84% 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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Same industry in Florida