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Imbue Smoothie Bearden LLC

American Fork, UT · Full-Service Restaurants · NAICS 722511

Imbue Smoothie Bearden LLC, located in American Fork, UT, operates in the full-service restaurants industry (NAICS 722511) and is listed as a Tropical Smoothie Cafe franchise. The business was financed with an SBA 7(a) loan for a change of ownership totaling $500,000, approved on May 9, 2025 by Live Oak Banking Company, and the loan reported 15 jobs.

SBA 7(a) loan, change of ownership, approved May 9, 2025

$500,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$500,000
SBA-guaranteed amount
$375,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
May 9, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,747 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Franchise
Tropical Smoothie Cafe
Project location
Utah County, UT
SBA district office
Utah District Office
Congressional district
UT-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Utah: $1,761,092.

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 Utah