Sterling Industries, LLC
Sterling Industries, LLC, located in Bellevue, WA, operates in the limited-service restaurants industry (NAICS 722513). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,385,000 from TowneBank, dated August 18, 2026, and reports 41 jobs and a franchise affiliation with Domino's Pizza.
SBA 7(a) loan, change of ownership, approved Aug 18, 2026
$1,385,000 approvedLender: TowneBank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,385,000
- SBA-guaranteed amount
- $1,038,750 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 18, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $17,922 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 41
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Domino's Pizza
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 70% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Washington: $1,784,595.
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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