Main Street Registry

One North Kitchen and Bar, East Lansing

East Lansing, MI · Full-Service Restaurants · NAICS 722511

One North Kitchen and Bar in East Lansing, Michigan, operates in the full-service restaurants industry (NAICS 722511). The business financed real estate or equipment through an SBA 504 loan of $1,026,000 with a total project amount of $1,550,000, approved on June 25, 2024, through First National Bank of America and Michigan Certified Development Corporation.

SBA 504 loan, approved Jun 25, 2024

$1,026,000 SBA portionCDC: Michigan Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,026,000
Bank portion
$1,550,000
Estimated project size
$2,862,222 (estimated)
Estimated owner equity
$286,222 (estimated, about 10% of the project)
Bank lender
First National Bank of America, East Lansing, MI
CDC
Michigan Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 25, 2049 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Ingham County, MI
SBA district office
Michigan District Office
Congressional district
MI-4
Collateral
Yes

Estimated share of project by source

Bank 54% SBA (CDC) 36% Owner 10%

  • Larger than 2% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Michigan: $2,050,489.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Michigan