Main Street Registry

Goat & Vine Restaurant + Winery

Allen, TX · Full-Service Restaurants · NAICS 722511

Goat & Vine Restaurant + Winery, located in Allen, TX, operates in the full-service restaurants industry (NAICS 722511). It was financed with an SBA 7(a) loan for a change of ownership of $1,333,000, approved on July 12, 2024 by T Bank, National Association.

SBA 7(a) loan, change of ownership, approved Jul 12, 2024

$1,333,000 approvedLender: T Bank, National Association10 years termCharged offLoan details
Gross approval
$1,333,000
SBA-guaranteed amount
$999,750 (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%, variable
Term
10 years (120 months)
Estimated maturity
July 12, 2034 (estimated, approval date plus term)
Estimated monthly payment
$18,362 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 23, 2024
Loan status
Charged off
Jobs supported
36
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Collin County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Texas: $1,944,682.

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 Texas