SK 2023 USA, Inc.
SK 2023 USA, Inc. is a full-service restaurant business in Rohnert Park, California, classified under NAICS 722511. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $547,000, approved by Bank of Hope with an approval date of October 10, 2023.
SBA 7(a) loan, change of ownership, approved Oct 10, 2023
- Gross approval
- $547,000
- SBA-guaranteed amount
- $410,250 (75% of the approval)
- Lender
- Bank of Hope, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 10, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $7,229 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 2, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Sonoma County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 10% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in California: $1,688,228.
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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