HY Bak LLC
HY Bak LLC is located in Black Diamond, WA, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 7(a) loan of $3,442,000 for a change of ownership on August 7, 2025.
SBA 7(a) loan, change of ownership, approved Aug 7, 2025
- Gross approval
- $3,442,000
- SBA-guaranteed amount
- $2,581,500 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 7, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $27,138 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 95% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in Washington: $1,784,595.
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 Washington
- Cooks Tavern LLC, Tacoma
- The Garage Bar and Restaurant Inc, Bremerton
- Sushi Ari Inc, Puyallup
- Mukja 1958 LLC, Lakewood
- JP Company Modoo LLC, Lynnwood
- Silver City Brewing, Silverdale
- Dokdo Inc, Olympia
- Rain and Pine Collective, LLC, Vancouver