Main Street Registry

Steamers Clam Bar & Grill

Cedar Key, FL · Full-Service Restaurants · NAICS 722511

Steamers Clam Bar & Grill, located in Cedar Key, Florida, operates in the full-service restaurants industry. The company was approved for an SBA 504 loan of $1,230,000 in March 2025, with Renasant Bank as the lending bank and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Mar 19, 2025

$1,230,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,230,000
Bank portion
$2,335,000
Estimated project size
$3,961,111 (estimated)
Estimated owner equity
$396,111 (estimated, about 10% of the project)
Bank lender
Renasant Bank, Tupelo, MS
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 19, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Levy County, FL
SBA district office
North Florida District Office
Congressional district
FL-2
Collateral
Yes

Estimated share of project by source

Bank 59% SBA (CDC) 31% Owner 10%

  • Larger than 23% 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