A&M Fast Food LLC
A&M Fast Food LLC is a limited-service restaurant located in Brookfield, Wisconsin, classified under NAICS 722513. The company was financed with an SBA 7(a) loan for a change of ownership, approved on November 15, 2024, through Waukesha State Bank, for $1,240,000.
SBA 7(a) loan, change of ownership, approved Nov 15, 2024
$1,240,000 approvedLender: Waukesha State Bank20 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,240,000
- SBA-guaranteed amount
- $930,000 (75% of the approval)
- Lender
- Waukesha State Bank, Waukesha, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 20 years (240 months)
- Estimated maturity
- November 15, 2044 (estimated, approval date plus term)
- Estimated monthly payment
- $12,380 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 18, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Waukesha County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Wisconsin: $1,729,230.
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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