Main Street Registry

Curry N Kebob

Boulder, CO · Full-Service Restaurants · NAICS 722511

Curry N Kebob is a full-service restaurant located in Boulder, Colorado, in the Full-Service Restaurants industry. The business was financed with an SBA 7(a) loan for a change of ownership, approved for $500,000 by Midwest Regional Bank on December 13, 2024.

SBA 7(a) loan, change of ownership, approved Dec 13, 2024

$500,000 approvedLender: Midwest Regional Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$500,000
SBA-guaranteed amount
$425,000 (85% of the approval)
Lender
Midwest Regional Bank, Festus, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
December 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$6,747 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Boulder County, CO
SBA district office
Colorado District Office
Congressional district
CO-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • 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