Main Street Registry

Manning's Steaks and Spirits

Littleton, CO · Full-Service Restaurants · NAICS 722511

Manning's Steaks and Spirits is a full-service restaurant business located in Littleton, Colorado. It financed real estate or equipment through an SBA 504 loan of $1,596,000 with First Bank of the Lake as the bank partner, with Mountain West Small Business Finance as the certified development company, and the loan was approved on May 23, 2024.

SBA 504 loan, approved May 23, 2024

$1,596,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,596,000
Bank portion
$1,939,500
Estimated project size
$3,928,333 (estimated)
Estimated owner equity
$392,833 (estimated, about 10% of the project)
Bank lender
First Bank of the Lake, Osage Beach, MO
CDC
Mountain West Small Business Finance
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 23, 2049 (estimated, approval date plus term)
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Arapahoe County, CO
SBA district office
Colorado District Office
Congressional district
CO-1
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 57% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Colorado: $2,096,252.

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 Colorado