K-Berger 12, LLC
K-Berger 12, LLC is located in Alma, MI, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 504 loan ($1,860,000 SBA portion) on September 26, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
- Franchise
- Culver's
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Sep 26, 2024 | $1,860,000 | $2,016,741 | $4,307,490 (estimated) | Isabella Bank | Michigan Certified Development Corporation | 25 years | 25 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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