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Villa Ravenna LLC

Tulsa, OK · Full-Service Restaurants · NAICS 722511

Villa Ravenna LLC is a full-service restaurant business in Tulsa, Oklahoma, classified under NAICS 722511. The company was financed with an SBA 7(a) loan for a change of ownership of $571,000, approved on March 27, 2024 by Byline Bank.

SBA 7(a) loan, change of ownership, approved Mar 27, 2024

$571,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$571,000
SBA-guaranteed amount
$428,250 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
March 27, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,947 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 4, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Tulsa County, OK
SBA district office
Oklahoma District Office
Congressional district
OK-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 14% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Oklahoma: $1,861,759.

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 Oklahoma