$1,737,000 SBA Loan for Real Estate & Liquor License, Renovation plus Second Restaurant

“The entire 44 Business Capital team was so helpful and knowledgeable. A special thanks to Debbie Godt. We will be forever grateful for her help and guidance through every aspect of the process so that we can fulfill our dream of opening a second restaurant.”

Margarita Elmblad, Owner
Centenario Sport Bar & Restaurant | Irvington, NJ

CHALLENGE

The borrower had an existing restaurant and wanted to open a second location. The "perfect" location for them was a very run-down strip club which needed to be totally renovated. The borrower had limited cash to inject into the transaction and requested an SBA loan to obtain 90% financing. The construction was a challenge during COVID and rising costs but was finally completed and the business is now operational.
OUR BORROWERS SAY IT BEST