Main Street Registry

Brooklyn Joes Pizza Three LLC

Dawsonville, GA · Full-Service Restaurants · NAICS 722511

Brooklyn Joes Pizza Three LLC, located in Dawsonville, Georgia, operates in the Full-Service Restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership of $868,000, approved on October 4, 2024 by Pinnacle Bank, with 4 jobs reported.

SBA 7(a) loan, change of ownership, approved Oct 4, 2024

$868,000 approvedLender: Pinnacle Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$868,000
SBA-guaranteed amount
$651,000 (75% of the approval)
Lender
Pinnacle Bank, Nashville, TN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
October 4, 2034 (estimated, approval date plus term)
Estimated monthly payment
$11,351 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 4, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Dawson County, GA
SBA district office
Georgia District Office
Congressional district
GA-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 40% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Georgia: $2,017,638.

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 Georgia