University Land LLC
University Land LLC is a limited-service restaurant business in Huntsville, Alabama, operating in the Limited-Service Restaurants industry (NAICS 722513). It financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,489,000, approved on March 11, 2026, through ServisFirst Bank and the Birmingham Citywide Local Development Company.
SBA 504 loan, approved Mar 11, 2026
$1,489,000 SBA portionCDC: Birmingham Citywide Local Development Company25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,489,000
- Bank portion
- $1,800,000
- Estimated project size
- $3,654,444 (estimated)
- Estimated owner equity
- $365,444 (estimated, about 10% of the project)
- Bank lender
- ServisFirst Bank, Birmingham, AL
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- March 11, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Popeyes Louisiana Kitchen
- Project location
- Madison County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-5
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 59% of expansion loans in Limited-Service Restaurants on this site.
- Average expansion loan in Limited-Service Restaurants: $1,507,672.
- Average expansion loan in Alabama: $2,182,891.
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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