Salty & Associates, L.L.C.
Salty & Associates, L.L.C. is a fish and seafood retailer located in Mandeville, Louisiana. The company financed real estate or equipment through an SBA 504 loan of $2,444,000, with Bonvenu Bank NA as the lending bank and Community Certified Development Corporation as the certified development company, approved on August 26, 2025.
SBA 504 loan, approved Aug 26, 2025
$2,444,000 SBA portionCDC: Community Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,444,000
- Bank portion
- $2,985,000
- Estimated project size
- $6,032,222 (estimated)
- Estimated owner equity
- $603,222 (estimated, about 10% of the project)
- Bank lender
- Bonvenu Bank NA, Bossier City, LA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 26, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 445250, Fish and Seafood Retailers
- Project location
- Saint Tammany County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Fish and Seafood Retailers: $1,750,250.
- Average expansion loan in Louisiana: $2,537,130.
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 Louisiana
- Garde Point Seafood LLC, New Orleans