Main Street Registry

FS 11815 Inc

Cicero, IN · Limited-Service Restaurants · NAICS 722513

FS 11815 Inc is located in Cicero, IN, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 7(a) loan of $620,000 for a change of ownership on August 28, 2024.

SBA 7(a) loan, change of ownership, approved Aug 28, 2024

Gross approval
$620,000
SBA-guaranteed amount
$465,000 (75% of the approval)
Lender
Centerstone SBA Lending, Inc., Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
August 28, 2034 (estimated, approval date plus term)
Estimated monthly payment
$8,366 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 18, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Hamilton County, IN
SBA district office
Indiana District Office
Congressional district
IN-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Indiana