Main Street Registry

Umk Sli LLC

Lewisberry, PA · Full-Service Restaurants · NAICS 722511

Umk Sli LLC is a full-service restaurant business located in Lewisberry, Pennsylvania. It was financed with an SBA 7(a) loan for a change of ownership of $830,000, approved on October 27, 2023, by Univest Bank and Trust Co, and the loan is reported with 22 jobs.

SBA 7(a) loan, change of ownership, approved Oct 27, 2023

$830,000 approvedLender: Univest Bank and Trust Co166 months termStatus not reported (SBA exemption)Loan details
Gross approval
$830,000
SBA-guaranteed amount
$622,500 (75% of the approval)
Lender
Univest Bank and Trust Co, Souderton, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
13 years, 10 months (166 months)
Estimated maturity
August 27, 2037 (estimated, approval date plus term)
Estimated monthly payment
$9,880 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 21, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
22
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
York County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-10
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 37% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Pennsylvania: $1,636,965.

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 Pennsylvania