Main Street Registry

TAG Restaurant Group LLC

Denver, CO · Full-Service Restaurants · NAICS 722511

TAG Restaurant Group LLC is a full-service restaurant business located in Denver, Colorado, in the full-service restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership of $3.1 million, approved on November 25, 2024, by Community Banks of Colorado, A Division of NBH Bank.

SBA 7(a) loan, change of ownership, approved Nov 25, 2024

$3,092,000 approvedLender: Community Banks of Colorado, A Division of NBH Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,092,000
SBA-guaranteed amount
$2,319,000 (75% of the approval)
Lender
Community Banks of Colorado, A Division of NBH Bank, Greenwood Village, CO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
10 years (120 months)
Estimated maturity
November 25, 2034 (estimated, approval date plus term)
Estimated monthly payment
$37,514 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 6, 2024
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Denver County, CO
SBA district office
Colorado District Office
Congressional district
CO-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 93% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado