P5 Treats LLC
P5 Treats LLC is a limited-service restaurant located in Omaha, Nebraska, in the limited-service restaurants industry (NAICS 722513). The business was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved on May 30, 2024, through Union Bank and Trust Company. The loan is associated with a Dairy Queen franchise operating agreement.
SBA 7(a) loan, change of ownership, approved May 30, 2024
$500,000 approvedLender: Union Bank and Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Union Bank and Trust Company, Lincoln, NE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 30, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,133 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Dairy Queen Operating Agreement
- Project location
- Douglas County, NE
- SBA district office
- Nebraska District Office
- Congressional district
- NE-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Nebraska: $1,711,589.
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 Nebraska
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