Due to inclement weather, Bankwell offices will open late today at 10:00am, Thursday December 5th.

Based on expected travel conditions, Bankwell branches will open on a delayed schedule at 10:00 AM EST on February 24. Phone support and operations will open at 8:00 AM EST.
Case highlight

Restaurant & Social

Amount

$1.49 million

Loan Type

SBA 7(a)

Location

Pennsylvania

Project Overview

This project involved the acquisition financing of an established full‑service restaurant and bar located in the greater Pittsburgh area. The financing supported a change of ownership while preserving continuity of operations, existing staff, and licenses, positioning the business for its next phase of growth under experienced hospitality leadership.

Highlights

  • SBA 7(a) financing used to acquire an operating full‑service restaurant with permits and a liquor license in place
  • Loan proceeds funded the business acquisition, working capital, and transaction costs
  • Ownership transition supported by a seasoned management team with deep restaurant and operational experience

Community & Impact

  • Strengthens a locally owned dining and social destination through an ownership transition led by experienced hospitality operators.
  • Supports job continuity and regional economic activity as the business expands its food, beverage, and entertainment offerings.
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