SBA lending record
Garn Ventures Inc.
474 Hempstead Tpk, Suite #6A, W. Hempstead, NY 11552 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.7M
Total SBA financing
3
Loans on record
FY2021–25
On record
64
Jobs supported
Franchise brand
Tropical Smoothie Cafe
See Tropical Smoothie Cafe'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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All 3 loans
$840,000 — FY2025
Loan 1 of 3- Gross approval
- $840,000
- SBA guaranteed
- $630,000 (75%)
- Status
- Current
- Rate at approval
- 8.8% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/20/2025
- First disbursement
- 6/11/2025
- Days to fund
- 22 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 30
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Franchise
- Tropical Smoothie Cafe
- Franchise code
- S1815
- Lender
- Live Oak Banking Company
- Address
- 474 HEMPSTEAD TPKE
- City
- West Hempstead, 11552
- County
- Nassau
- SBA district office
- MELVILLE BRANCH OFFICE
- Congressional district
- 3
$408,000 — FY2022
Loan 2 of 3- Gross approval
- $408,000
- SBA guaranteed
- $306,000 (75%)
- Status
- Cancelled
- Rate at approval
- 6.25% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/24/2022
- Collateral
- Required
- Jobs supported
- 20
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Franchise
- Tropical Smoothie Cafe
- Franchise code
- S1815
- Lender
- Five Star Bank
- Address
- 888 OTSEGO RD
- City
- West Hempstead, 11552
- County
- Nassau
- SBA district office
- MELVILLE BRANCH OFFICE
- Congressional district
- 3
$456,000 — FY2021
Loan 3 of 3- Gross approval
- $456,000
- SBA guaranteed
- $410,400 (90%)
- Status
- Paid in full
- Rate at approval
- 6% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/21/2021
- First disbursement
- 5/27/2021
- Days to fund
- 6 days
- Paid in full
- 6/30/2025
- Collateral
- Required
- Jobs supported
- 14
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Franchise
- Tropical Smoothie Cafe
- Franchise code
- S1815
- Lender
- Meridian Bank
- Address
- 474 Hempstead Tpk, Suite #6A
- City
- W. Hempstead, 11552
- County
- Nassau
- SBA district office
- MELVILLE BRANCH OFFICE
- Congressional district
- 3
The lenders
Live Oak Banking Company
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding limited-service restaurants — by location, industry, and brand.
Other Tropical Smoothie Cafe locations
Other Tropical Smoothie Cafe businesses in the public SBA record — closest first, by location and deal size.
Garn NY092, Inc.
Valley Stream, NY· ~4 mi
Tropical Smoothie Cafe
- $600K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
Tropical Smoothie Cafe
Selden, NY· ~34 mi
Tropical Smoothie Cafe
- $1.7M
- SBA financing
- ≈ $3.2M–$5.4M
- Est. revenue (rough)
Garn NY093, Inc.
Brooklyn, NY· ~16 mi
Tropical Smoothie Cafe
- $600K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
Refresh Smoothie, Inc.
Sunnyside, NY· ~14 mi
Tropical Smoothie Cafe
- $539K
- SBA financing
- ≈ $1.1M–$1.8M
- Est. revenue (rough)
4119 BAYSIDE CORP
Bayside, NY· ~7 mi
Tropical Smoothie Cafe
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Garn NY015, Inc.
Patchogue, NY· ~35 mi
Tropical Smoothie Cafe
- $794K
- SBA financing
- ≈ $1.6M–$2.6M
- Est. revenue (rough)
Similar businesses
Comparable limited-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Chris & Stevin Realty LLC
Elmont, NY· ~3 mi
Limited-Service Restaurants
- $1.4M
- SBA financing
- ≈ $2.7M–$4.4M
- Est. revenue (rough)
Red Door Deli, Inc.
Merrick, NY· ~6 mi
Limited-Service Restaurants
- $2.2M
- SBA financing
- ≈ $4.2M–$7.0M
- Est. revenue (rough)
Shrimpys Burrito Bar
Massapequa Park, NY· ~11 mi
Limited-Service Restaurants
- $1.4M
- SBA financing
- ≈ $2.6M–$4.4M
- Est. revenue (rough)
Grand Street Donuts Inc
New York, NY· ~18 mi
Dunkin' Donuts
- $1.7M
- SBA financing
- ≈ $3.3M–$5.6M
- Est. revenue (rough)
5910 Church Ave Corp.
Brooklyn, NY· ~14 mi
Bojangles'
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
PJ PLUS INC.
Far Rockaway, NY· ~11 mi
Papa John's
- $2.0M
- SBA financing
- ≈ $4.0M–$6.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Garn Ventures Inc. in W. Hempstead, NY (Limited-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.
- 3 SBA 7(a) loans totaling $1.7M
- On record FY2021–25
- 64 jobs supported
- Industry: Limited-Service Restaurants
- Location: W. Hempstead, NY
- Lenders: Meridian Bank, Five Star Bank, Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in NY for ~$568k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-08-01.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- 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 Garn Ventures Inc..