TK Legacy Holdings, LLC
TK Legacy Holdings, LLC is a limited-service restaurant business located in Orange City, Florida. It financed real estate or equipment through an SBA 504 loan of $1,406,000, with Berkeley Alternative Income Fund I, LLC as the lender and Florida Business Development Corporation as the certified development company, with approval dated August 15, 2024.
SBA 504 loan, approved Aug 15, 2024
- SBA (CDC) portion
- $1,406,000
- Bank portion
- $1,715,000
- Estimated project size
- $3,467,778 (estimated)
- Estimated owner equity
- $346,778 (estimated, about 10% of the project)
- Bank lender
- Berkeley Alternative Income Fund I, LLC, Norcross, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 15, 2049 (estimated, approval date plus term)
- First disbursement
- Dec 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- 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 49% SBA (CDC) 41% Owner 10%
- Larger than 54% of expansion loans in Limited-Service Restaurants on this site.
- Average expansion loan in Limited-Service Restaurants: $1,507,672.
- 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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