Sweet Life LLC
Sweet Life LLC is located in Anchorage, AK, and the SBA lists its industry as Snack and Nonalcoholic Beverage Bars. It was approved for an SBA 7(a) loan of $1,253,000 for a change of ownership on September 29, 2025.
SBA 7(a) loan, change of ownership, approved Sep 29, 2025
- Gross approval
- $1,253,000
- SBA-guaranteed amount
- $939,750 (75% of the approval)
- Lender
- Lexicon Bank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,872 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 722515, Snack and Nonalcoholic Beverage Bars
- Franchise
- Crumbl
- Project location
- Anchorage County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 77% of acquisition loans in Snack and Nonalcoholic Beverage Bars on this site.
- Average acquisition loan in Snack and Nonalcoholic Beverage Bars: $1,080,276.
- Average acquisition loan in Alaska: $1,671,114.
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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