Next Chapter Hospitality, LLC
Next Chapter Hospitality, LLC is a full-service restaurant business located in Louisville, Kentucky, classified under NAICS code 722511. The company was financed with an SBA 7(a) loan for a change of ownership totaling $698,800, approved by Republic Bank & Trust Company on June 24, 2026.
SBA 7(a) loan, change of ownership, approved Jun 24, 2026
$698,800 approvedLender: Republic Bank & Trust Company7 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $698,800
- SBA-guaranteed amount
- $524,100 (75% of the approval)
- Lender
- Republic Bank & Trust Company, Louisville, KY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, fixed
- Term
- 7 years (84 months)
- Estimated maturity
- June 24, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $10,805 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 1, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 89
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 26% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in Kentucky: $1,988,993.
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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