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Yakima Food Group LLC

Yakima, WA · Limited-Service Restaurants · NAICS 722513

Yakima Food Group LLC is a limited-service restaurant business in Yakima, Washington, classified under NAICS code 722513. The company was financed with an SBA 7(a) loan for a change of ownership of $570,000, approved on March 5, 2025 by Midwest BankCentre, and the business is listed as a Jimmy John's franchise.

SBA 7(a) loan, change of ownership, approved Mar 5, 2025

$570,000 approvedLender: Midwest BankCentre10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$570,000
SBA-guaranteed amount
$427,500 (75% of the approval)
Lender
Midwest BankCentre, Saint Louis, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
March 5, 2035 (estimated, approval date plus term)
Estimated monthly payment
$7,533 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 11, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
35
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Jimmy John's
Project location
Yakima County, WA
SBA district office
Seattle District Office
Congressional district
WA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 14% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington