The Club House
The Club House, located in Gardnerville, Nevada, operates in the full-service restaurants industry (NAICS 722511). The business was financed with an SBA 7(a) loan for a change of ownership totaling $710,000, approved on February 14, 2025, by Harvest Small Business Finance, LLC. The loan records list 16 jobs.
SBA 7(a) loan, change of ownership, approved Feb 14, 2025
$710,000 approvedLender: Harvest Small Business Finance, LLC25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $710,000
- SBA-guaranteed amount
- $532,500 (75% of the approval)
- Lender
- Harvest Small Business Finance, LLC, Laguna Hills, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 14, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $6,327 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Douglas County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 28% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in Nevada: $1,617,910.
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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