Main Street Registry

Vision Hospitality of North Carolina, LLC

Lexington, NC · Limited-Service Restaurants · NAICS 722513

Vision Hospitality of North Carolina, LLC is a limited-service restaurant business located in Lexington, North Carolina. It was financed with an SBA 7(a) loan for a change of ownership totaling $3,325,000, approved by Live Oak Banking Company on July 17, 2026.

SBA 7(a) loan, change of ownership, approved Jul 17, 2026

$3,325,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,325,000
SBA-guaranteed amount
$2,493,750 (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
8.5%, variable
Term
10 years (120 months)
Estimated maturity
July 17, 2036 (estimated, approval date plus term)
Estimated monthly payment
$41,225 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 10, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
36
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Davidson County, NC
SBA district office
North Carolina District Office
Congressional district
NC-13
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 94% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in North Carolina: $1,952,444.

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 North Carolina