Main Street Registry

Hog Wild Barbecue, LLC

Holland, MI · Limited-Service Restaurants · NAICS 722513

Hog Wild Barbecue, LLC is a limited-service restaurant business located in Holland, Michigan, classified under NAICS code 722513. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,389,100, approved on February 26, 2026, through Old National Bank.

SBA 7(a) loan, change of ownership, approved Feb 26, 2026

$1,389,100 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,389,100
SBA-guaranteed amount
$1,041,825 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, fixed
Term
10 years (120 months)
Estimated maturity
February 26, 2036 (estimated, approval date plus term)
Estimated monthly payment
$16,489 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 6, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
38
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Ottawa County, MI
SBA district office
Michigan District Office
Congressional district
MI-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 Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Michigan: $1,645,728.

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 Michigan