Base Hospitality LLC
Base Hospitality LLC is located in Greensboro, NC, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on August 12, 2026.
SBA 7(a) loan, change of ownership, approved Aug 12, 2026
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 12, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $58,054 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 300
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Burger King
- Project location
- Guilford County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 99% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in North Carolina: $1,952,444.
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 North Carolina
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