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AlleyOops MB Properties, LLC

North Myrtle Beach, SC · Full-Service Restaurants · NAICS 722511

AlleyOops MB Properties, LLC is a full-service restaurant business in North Myrtle Beach, South Carolina, classified under NAICS code 722511. The company was approved for an SBA 504 loan of $4,622,000 on July 28, 2025, which financed real estate or equipment through an SBA 504 loan, with First-Citizens Bank & Trust Company as the lender and Chesapeake Business Finance Corporation as the certified development company.

SBA 504 loan, approved Jul 28, 2025

$4,622,000 SBA portionCDC: Chesapeake Business Finance Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$4,622,000
Bank portion
$7,525,000
Estimated project size
$13,496,667 (estimated)
Estimated owner equity
$1,349,667 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Chesapeake Business Finance Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
July 28, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
45
Business type
LLC or partnership
NAICS
722511, Full-Service Restaurants
Project location
Horry County, SC
SBA district office
South Carolina District Office
Congressional district
SC-7
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 97% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in South Carolina: $2,088,205.

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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Same industry in South Carolina