SBA lending record

SHUG'S BAGELS

7505 MAPLE ST, New Orleans, LA 70118 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.8M

Total SBA financing

Loan on record

FY2025

On record

Jobs supported

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

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The loan

$1,782,000 — FY2025

Gross approval: $1,782,000
SBA guaranteed: $1,336,500 (75%)
Status: Current
Rate at approval: 9.75% v
Term: 132 mo (11 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/18/2024
First disbursement: 1/10/2025
Days to fund: 23 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 36
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants
NAICS code: 722513
Lender: Celtic Bank Corporation
Address: 7505 MAPLE ST
City: New Orleans, 70118
County: Orleans
SBA district office: LOUISIANA DISTRICT OFFICE
Congressional district: 1

The lender

Celtic Bank Corporation

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.

SBA lenders in Louisiana Lenders for limited-service restaurants Limited-Service Restaurants lenders in Louisiana

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.

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SBA financing: ≈ $4.0M–$6.6M
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SBA financing: ≈ $3.2M–$5.3M
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Jersey Mike’s Subs

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$1.2M
SBA financing: ≈ $2.4M–$4.0M
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Wonderland & Sea, LLC

New Orleans, LA· ~2 mi

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$1.1M
SBA financing: ≈ $2.2M–$3.7M
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SI - 419 CARONDELET, LLC

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$749K
SBA financing: ≈ $1.5M–$2.4M
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Valspals, LLC

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$563K
SBA financing: ≈ $1.1M–$1.8M
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Agent summary

This page summarizes the public SBA 7(a) lending record for SHUG'S BAGELS in New Orleans, LA (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.

1 SBA 7(a) loan totaling $1.8M
On record FY2025
36 jobs supported
Industry: Limited-Service Restaurants
Location: New Orleans, LA
Lender: Celtic Bank Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in LA for ~$1.8M 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/shug-s-bagels-la
API:: https://www.capbench.com/api/public/businesses/shug-s-bagels-la
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 SHUG'S BAGELS.