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SBA lending record

L&S Sales

12202 Hutchison Blvd # 360, Panama City Beach, FL 32407 · General Line Grocery Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.1M

Total SBA financing

2

Loans on record

FY2023

On record

12

Jobs supported

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

Is L&S Sales your business?

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All 2 loans

$450,000 — FY2023

Loan 1 of 2
Gross approval
$450,000
SBA guaranteed
$337,500 (75%)
Status
In workout — SBA bought the guarantee
Rate at approval
11.25% v
Term
105 mo (9 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
7/17/2023
First disbursement
8/7/2023
Days to fund
21 days
Collateral
Required
Sold on secondary market
Yes
Jobs supported
8
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Line Grocery Merchant Wholesalers
NAICS code
424410
Address
12202 Hutchison Blvd # 360
City
Panama City Beach, 32407
County
Bay
SBA district office
NORTH FLORIDA DISTRICT OFFICE
Congressional district
2

$700,000 — FY2023

Loan 2 of 2
Gross approval
$700,000
SBA guaranteed
$525,000 (75%)
Status
Delinquent
Rate at approval
11% v
Term
312 mo (26 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
7/27/2023
First disbursement
8/7/2023
Days to fund
11 days
Collateral
Required
Jobs supported
4
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
General Line Grocery Merchant Wholesalers
NAICS code
424410
Address
105 INDUSTRIAL DR
City
Bonifay, 32425
County
Holmes
SBA district office
NORTH FLORIDA DISTRICT OFFICE
Congressional district
1

The lenders

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The banks most active funding general line grocery merchant wholesalers — by location, industry.

Similar businesses

Comparable general line grocery merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for L&S Sales in Panama City Beach, FL (General Line Grocery Merchant Wholesalers). 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 $1.1M
  • On record FY2023
  • 12 jobs supported
  • Industry: General Line Grocery Merchant Wholesalers
  • Location: Panama City Beach, FL
  • Lenders: Newtek Bank, National Association, Harvest Small Business Finance, LLC

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Line Grocery Merchant Wholesalers businesses in FL for ~$575k 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 2026-06-18.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • 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 L&S Sales.

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