Main Street Registry

CPR Investments LLC

Norman, OK · Full-Service Restaurants · NAICS 722511

CPR Investments LLC is a full-service restaurant business located in Norman, Oklahoma, in the Full-Service Restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $618,500, approved on April 25, 2024, through lender T Bank, National Association.

SBA 7(a) loan, change of ownership, approved Apr 25, 2024

$618,500 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$618,500
SBA-guaranteed amount
$463,875 (75% of the approval)
Lender
T Bank, National Association, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
April 25, 2034 (estimated, approval date plus term)
Estimated monthly payment
$8,608 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 27, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Cleveland County, OK
SBA district office
Oklahoma District Office
Congressional district
OK-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 19% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Oklahoma: $1,861,759.

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 Oklahoma