73 Atlantic Avenue Operator LLC
73 Atlantic Avenue Operator LLC is a drinking place (alcoholic beverages) located in Brooklyn, NY, classified under NAICS code 722410. The company was financed with an SBA 7(a) loan for a change of ownership totaling $4,674,000, with First Horizon Bank as the lender and an approval date of January 23, 2026.
SBA 7(a) loan, change of ownership, approved Jan 23, 2026
$4,674,000 approvedLender: First Horizon Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,674,000
- SBA-guaranteed amount
- $3,505,500 (75% of the approval)
- Lender
- First Horizon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- January 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $40,027 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 24, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 36
- Business type
- Corporation
- NAICS
- 722410, Drinking Places (Alcoholic Beverages)
- Project location
- Kings County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 98% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
- Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
- Average acquisition loan in New York: $1,771,512.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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