Main Street Registry

G & A Management LLC

Phoenix, AZ · Full-Service Restaurants · NAICS 722511

G & A Management LLC is a full-service restaurant business located in Phoenix, Arizona, operating under the franchise name Native Grill and Wings. The company was financed with an SBA 7(a) loan for a change of ownership of $812,400, approved on March 22, 2024, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Mar 22, 2024

$812,400 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$812,400
SBA-guaranteed amount
$609,300 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
March 22, 2034 (estimated, approval date plus term)
Estimated monthly payment
$10,962 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 1, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Franchise
Native Grill and Wings
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 36% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Arizona: $1,690,811.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Arizona