J&K Food Solution LLC
J&K Food Solution LLC is a limited-service restaurant located in Hoschton, Georgia, classified under NAICS code 722513. The company was financed with an SBA 7(a) loan for a change of ownership totaling $655,000, approved by Loyal Trust Bank on January 30, 2025.
SBA 7(a) loan, change of ownership, approved Jan 30, 2025
$655,000 approvedLender: Loyal Trust Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $655,000
- SBA-guaranteed amount
- $491,250 (75% of the approval)
- Lender
- Loyal Trust Bank, Johns Creek, GA
- 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 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,476 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- WNB Factory
- Project location
- Jackson County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 24% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Georgia: $2,017,638.
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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