Bluegrass Cookies Lexington, LLC
Bluegrass Cookies Lexington, LLC is a limited-service restaurant business in Lexington, Kentucky, in the industry classified under NAICS 722513. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $4,470,000, approved by Celtic Bank Corporation on August 13, 2025. The loan records list the business as a Crumbl franchise.
SBA 7(a) loan, change of ownership, approved Aug 13, 2025
$4,470,000 approvedLender: Celtic Bank Corporation10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,470,000
- SBA-guaranteed amount
- $3,352,500 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $56,624 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 80
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Crumbl
- Project location
- Fayette County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 98% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- 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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