Los Altos Breakfast Lunch
Los Altos Breakfast Lunch is a full-service restaurant business located in Sparks, Nevada, classified under NAICS code 722511. It was financed with an SBA 7(a) loan for a change of ownership of $1,406,000, with Pathward National Association as the lender and an approval date of July 24, 2026, and the loan reports 15 jobs.
SBA 7(a) loan, change of ownership, approved Jul 24, 2026
$1,406,000 approvedLender: Pathward National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,406,000
- SBA-guaranteed amount
- $1,054,500 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 24, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $18,193 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Washoe County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- 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 Nevada: $1,617,910.
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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