Main Street Registry

Hart's Cottage, LLC

Bend, OR · Full-Service Restaurants · NAICS 722511

Hart's Cottage, LLC is a full-service restaurant business located in Bend, Oregon, classified under NAICS 722511. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,397,000, approved on April 23, 2025 by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Apr 23, 2025

$1,397,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,397,000
SBA-guaranteed amount
$1,047,750 (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
7.75%, fixed
Term
10 years (120 months)
Estimated maturity
April 23, 2035 (estimated, approval date plus term)
Estimated monthly payment
$16,765 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Deschutes County, OR
SBA district office
Portland District Office
Congressional district
OR-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 70% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Oregon: $1,946,167.

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 Oregon