Championship Catering
Championship Catering, located in Saint Louis, Missouri, operates in the caterers industry (NAICS 722320). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1.9 million, approved through First Internet Bank of Indiana on August 5, 2026. The loan supports 26 jobs.
SBA 7(a) loan, change of ownership, approved Aug 5, 2026
$1,900,000 approvedLender: First Internet Bank of Indiana10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,900,000
- SBA-guaranteed amount
- $1,425,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $24,326 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 722320, Caterers
- Project location
- Saint Louis County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Caterers on this site.
- Average acquisition loan in Caterers: $2,164,405.
- Average acquisition loan in Missouri: $1,584,414.
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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