SBA lending record

Balchan Corporation

806 N Krome Ave, Homestead, FL 33030 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$690K

Total SBA financing

Loans on record

FY2025

On record

Jobs supported

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

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All 2 loans

$90,000 — FY2025

Loan 1 of 2

Gross approval: $90,000
SBA guaranteed: $45,000 (50%)
Status: Cancelled
Rate at approval: 14% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/8/2024
Collateral: Required
Jobs supported: 40
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Newtek Bank, National Association
Address: 806 N Krome Ave
City: Homestead, 33030
County: Miami-Dade
SBA district office: SOUTH FLORIDA DISTRICT OFFICE
Congressional district: 26

$600,000 — FY2025

Loan 2 of 2

Gross approval: $600,000
SBA guaranteed: $450,000 (75%)
Status: Cancelled
Rate at approval: 11% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/10/2024
Collateral: Required
Jobs supported: 40
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Newtek Bank, National Association
Address: 806 N Krome Ave
City: Homestead, 33030
County: Miami-Dade
SBA district office: SOUTH FLORIDA DISTRICT OFFICE
Congressional district: 26

The lender

Newtek Bank, National Association

2 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding full-service restaurants — by location, industry.

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Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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SBA financing: ≈ $1.7M–$2.8M
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JH CARNE EN VARA A LA LLANERA CORP

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$1.2M
SBA financing: ≈ $2.3M–$3.9M
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EL SITIO COFFEE BAR INC

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SBA financing: ≈ $1.5M–$2.5M
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Agent summary

This page summarizes the public SBA 7(a) lending record for Balchan Corporation in Homestead, FL (Full-Service Restaurants). CapBench 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.

2 SBA 7(a) loans totaling $690K
On record FY2025
80 jobs supported
Industry: Full-Service Restaurants
Location: Homestead, FL
Lender: Newtek Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in FL for ~$345k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/balchan-corporation-fl
API:: https://www.capbench.com/api/public/businesses/balchan-corporation-fl
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Balchan Corporation.