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Country Inn Diner LLC

Greeley, CO · Full-Service Restaurants · NAICS 722511

Country Inn Diner LLC is a full-service restaurant business located in Greeley, Colorado, classified under NAICS code 722511. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,136,000, approved on January 10, 2025, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Jan 10, 2025

$1,136,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,136,000
SBA-guaranteed amount
$852,000 (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
9.5%, variable
Term
10 years (120 months)
Estimated maturity
January 10, 2035 (estimated, approval date plus term)
Estimated monthly payment
$14,700 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Weld County, CO
SBA district office
Colorado District Office
Congressional district
CO-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 59% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Colorado: $1,608,658.

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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Same industry in Colorado