Blink's Fry Doe & Company, LLC
Blink's Fry Doe & Company, LLC is a limited-service restaurant business located in Hampton, New Hampshire, classified under NAICS code 722513. The company was financed with an SBA 7(a) loan for a change of ownership of $700,000, approved on November 14, 2023 by Manufacturers and Traders Trust Company.
SBA 7(a) loan, change of ownership, approved Nov 14, 2023
$700,000 approvedLender: Manufacturers and Traders Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $700,000
- SBA-guaranteed amount
- $525,000 (75% of the approval)
- Lender
- Manufacturers and Traders Trust Company, Buffalo, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 14, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $9,348 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 22, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Rockingham County, NH
- SBA district office
- New Hampshire District Office
- Congressional district
- NH-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 28% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in New Hampshire: $1,811,437.
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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