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Tahoe Restaurant Group OC, Inc.

South Lake Tahoe, CA · Full-Service Restaurants · NAICS 722511

Tahoe Restaurant Group OC, Inc. is a full-service restaurant business located in South Lake Tahoe, California. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $5 million, approved by Live Oak Banking Company on March 25, 2025.

SBA 7(a) loan, change of ownership, approved Mar 25, 2025

$5,000,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
10 years (120 months)
Estimated maturity
March 25, 2035 (estimated, approval date plus term)
Estimated monthly payment
$60,005 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
65
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
El Dorado County, CA
SBA district office
Sacramento District Office
Congressional district
CA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 99% 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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Same industry in California