Grand Street Pizza, LLC
Grand Street Pizza, LLC is a limited-service restaurant in Knightdale, North Carolina, classified under NAICS 722513. The company was financed with an SBA 7(a) loan for a change of ownership totaling $603,400, provided by The Huntington National Bank, with an approval date of July 15, 2026.
SBA 7(a) loan, change of ownership, approved Jul 15, 2026
$603,400 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $603,400
- SBA-guaranteed amount
- $452,550 (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%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 15, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,644 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Wake County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in North Carolina: $1,952,444.
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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