SBA lending record
Garra Spa
5675 N Atlantic Ave,, Cocoa Beach, FL 32931 · Other Personal Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$197K
Total SBA financing
1
Loan on record
FY2022
On record
4
Jobs supported
Franchise brand
Garra Spas
See Garra Spas's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$196,700 — FY2022
- Gross approval
- $196,700
- SBA guaranteed
- $147,525 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6% v
- Term
- 75 mo (6 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/12/2021
- First disbursement
- 11/30/2021
- Days to fund
- 18 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Newtek Small Business Finance, Inc.
1 loan to this businessNo FDIC profile on file (non-bank lender).
Is Garra Spa your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Garra Spa.