Salt Group Las Olas Llc
500 E Las Olas Blvd, Fort Lauderdale, FL 33301 · Full-service Restaurants (NAICS 722511)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$7.9M
Jobs Supported
176
Years Active
2019–2020
Loan History (2)
Source: SBA FOIA7(a)$4,000,000
Exempt
- Approved
- Jan 16, 2020 (FY2020)
- SBA Guaranteed
- $3,000,000 (75%)
- Term
- 68 months (5.7 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Jobs Supported
- 60
- Business Type
- Corporation
- Business Age
- Unanswered
- Industry
- Full-service Restaurants (NAICS 722511)
Lender
Paradise Bank
3800 N Federal Hwy, Boca Raton, FL 33431
Project Location
Broward County, FL
7(a)$3,900,000
Cancelled
- Approved
- Aug 28, 2019 (FY2019)
- SBA Guaranteed
- $2,925,000 (75%)
- Term
- 126 months (10.5 yrs)
- Interest Rate
- 8.00%
- Revolver
- 0
- Jobs Supported
- 116
- Business Type
- Corporation
- Business Age
- Unanswered
- Industry
- Full-service Restaurants (NAICS 722511)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Broward County, FL
Business Details
- Business Type
- Corporation
- Business Age
- Unanswered
- NAICS Code
- 722511 — Full-service Restaurants
- Address
- 500 E Las Olas Blvd
Fort Lauderdale, FL 33301
Lenders
- Paradise Bank
- 3800 N Federal Hwy, Boca Raton, FL 33431
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042