SBA lending record
VITAGROUP, INC.
5151 Poplar Tent Rd, Concord, NC 28027 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$650K
Total SBA financing
3
Loans on record
FY2025
On record
18
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$150,000 — FY2025
Loan 1 of 3- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- In workout — SBA bought the guarantee
- 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
- 4/25/2025
- First disbursement
- 4/29/2025
- Days to fund
- 4 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Lender
- Colony Bank
- Address
- 5151 Poplar Tent Rd
- City
- Concord, 28027
- County
- Cabarrus
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 8
$250,000 — FY2025
Loan 2 of 3- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- Cancelled
- Rate at approval
- 10.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/18/2025
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
- NAICS code
- 722511
- Lender
- Northeast Bank
- Address
- 5151 Poplar Tent Rd
- City
- Concord, 28027
- County
- Cabarrus
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 8
$250,000 — FY2025
Loan 3 of 3- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- Cancelled
- Rate at approval
- 10.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/4/2025
- Collateral
- Required
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
- NAICS code
- 722513
- Lender
- Northeast Bank
- Address
- PO Box 171
- City
- Concord, 28026
- County
- Cabarrus
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 8
The lenders
Find SBA lenders for businesses like this
The banks most active funding limited-service restaurants — by location, industry.
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
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- Est. revenue (rough)
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Milkbread, LLC
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- SBA financing
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- Est. revenue (rough)
milkbreadPm, LLC
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Limited-Service Restaurants
- $586K
- SBA financing
- ≈ $1.1M–$1.9M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for VITAGROUP, INC. in Concord, NC (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 $650K
- On record FY2025
- 18 jobs supported
- Industry: Limited-Service Restaurants
- Location: Concord, NC
- Lenders: Northeast Bank, Colony Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in NC for ~$217k 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 2026-06-17.
- 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 VITAGROUP, INC..