Main Street Registry

Mustard Seed

Stanwood, WA · Limited-Service Restaurants · NAICS 722513

Mustard Seed is a limited-service restaurant located in Stanwood, WA. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $530,000, approved by Harborstone CU on April 23, 2026.

SBA 7(a) loan, change of ownership, approved Apr 23, 2026

$530,000 approvedLender: Harborstone CU25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$530,000
SBA-guaranteed amount
$397,500 (75% of the approval)
Lender
Harborstone CU, Lakewood, WA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
April 23, 2051 (estimated, approval date plus term)
Estimated monthly payment
$4,179 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 1, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Snohomish County, WA
SBA district office
Seattle District Office
Congressional district
WA-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 9% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • 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.

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Same industry in Washington