SBA lending record

DRIFTWOOD BAY CONCEPTS INC.

9555 Blind Pass Rd, Saint Petersburg, FL 33706 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$250K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$250,000 — FY2023

Gross approval: $250,000
SBA guaranteed: $187,500 (75%)
Status: Charged off (failed)
Rate at approval: 9% v
Term: 111 mo (9 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/13/2022
First disbursement: 11/7/2022
Days to fund: 25 days
Charged off: 2/7/2024
Charge-off amount: $143,566

The lender

Northeast Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for DRIFTWOOD BAY CONCEPTS INC. in Saint Petersburg, FL (Full-Service Restaurants). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $250K
On record FY2023
60 jobs supported
Industry: Full-Service Restaurants
Location: Saint Petersburg, FL
Lender: Northeast Bank

Next steps

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