Main Street Registry

JP Company Modoo LLC

Lynnwood, WA · Full-Service Restaurants · NAICS 722511

JP Company Modoo LLC is a full-service restaurant business located in Lynnwood, Washington, classified under NAICS code 722511. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1 million, approved on August 19, 2026 by Hanmi Bank.

SBA 7(a) loan, change of ownership, approved Aug 19, 2026

$1,000,000 approvedLender: Hanmi Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
10 years (120 months)
Estimated maturity
August 19, 2036 (estimated, approval date plus term)
Estimated monthly payment
$12,265 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
21
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Snohomish County, WA
SBA district office
Seattle District Office
Congressional district
WA-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 51% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington