Annapurna Services LLC
Annapurna Services LLC is located in Covington, KY, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 7(a) loan of $718,500 for a change of ownership on January 14, 2026.
SBA 7(a) loan, change of ownership, approved Jan 14, 2026
- Gross approval
- $718,500
- SBA-guaranteed amount
- $538,875 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 14, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,005 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Kenton County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 29% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in Kentucky: $1,988,993.
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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