Slice of Life Pizzeria
Slice of Life Pizzeria in New Port Richey, Florida is a full-service restaurant business. It was financed with an SBA 7(a) loan for a change of ownership of $548,000, approved on September 11, 2025 by Midwest Regional Bank.
SBA 7(a) loan, change of ownership, approved Sep 11, 2025
$548,000 approvedLender: Midwest Regional Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $548,000
- SBA-guaranteed amount
- $411,000 (75% of the approval)
- Lender
- Midwest Regional Bank, Festus, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,318 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Pasco County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-12
- 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 Florida: $1,808,559.
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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