Main Street Registry

Harrie Hospitality LLC

Royal Oak, MI · Full-Service Restaurants · NAICS 722511

Harrie Hospitality LLC, located in Royal Oak, Michigan, operates in the full-service restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership of $924,000, approved on February 13, 2026, by Fifth Third Bank.

SBA 7(a) loan, change of ownership, approved Feb 13, 2026

$924,000 approvedLender: Fifth Third Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$924,000
SBA-guaranteed amount
$693,000 (75% of the approval)
Lender
Fifth Third Bank, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.75%, variable
Term
10 years (120 months)
Estimated maturity
February 13, 2036 (estimated, approval date plus term)
Estimated monthly payment
$10,610 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
23
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Oakland County, MI
SBA district office
Michigan District Office
Congressional district
MI-09
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 44% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Michigan: $1,645,728.

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 Michigan