Main Street Registry

Thai Nine of Dayton, LLC

Dayton, OH · Full-Service Restaurants · NAICS 722511

Thai Nine of Dayton, LLC is a full-service restaurant business located in Dayton, Ohio, classified under NAICS code 722511. The company was financed with an SBA 7(a) loan for a change of ownership of $2.3 million, approved on March 29, 2024, through KeyBank National Association.

SBA 7(a) loan, change of ownership, approved Mar 29, 2024

$2,318,400 approvedLender: KeyBank National Association169 months termStatus not reported (SBA exemption)Loan details
Gross approval
$2,318,400
SBA-guaranteed amount
$1,738,800 (75% of the approval)
Lender
KeyBank National Association, Cleveland, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
14 years, 1 month (169 months)
Estimated maturity
April 29, 2038 (estimated, approval date plus term)
Estimated monthly payment
$26,325 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 24, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
62
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Montgomery County, OH
SBA district office
Columbus District Office
Congressional district
OH-10
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 87% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Ohio: $1,840,340.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Ohio