Main Street Registry

Cosmos PKK LLC

Lynnwood, WA · Limited-Service Restaurants · NAICS 722513

Cosmos PKK LLC, located in Lynnwood, Washington, operates in the limited-service restaurants industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,235,500, approved on November 17, 2023, through Gesa CU.

SBA 7(a) loan, change of ownership, approved Nov 17, 2023

$1,235,500 approvedLender: Gesa CU299 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,235,500
SBA-guaranteed amount
$926,625 (75% of the approval)
Lender
Gesa CU, Richland, WA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
24 years, 11 months (299 months)
Estimated maturity
October 17, 2048 (estimated, approval date plus term)
Estimated monthly payment
$10,803 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 30, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 63% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington