Best Ramen Inc.
Best Ramen Inc. is located in Arlington, VA, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 7(a) loan of $1,290,000 for a change of ownership on March 11, 2025.
SBA 7(a) loan, change of ownership, approved Mar 11, 2025
- Gross approval
- $1,290,000
- SBA-guaranteed amount
- $967,500 (75% of the approval)
- Lender
- Bank of Clarke, Berryville, VA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,869 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Arlington County, VA
- SBA district office
- Washington District Office
- Congressional district
- VA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 66% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in Virginia: $1,860,760.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Virginia
- Sunriser Foods LLC, Fairfax
- Ho Jeong LLC, Centreville
- Cgshabu Inc, Centreville
- 1943 Classic, Annandale
- Puzukan 2025 Inc, Falls Church
- Kobe Japanese Steak & Seafood House, Inc., Stafford
- Quansong, Inc., Vienna
- TenTen9, Inc., Irvington