Main Street Registry

Karma Foods LLC

Estes Park, CO · Full-Service Restaurants · NAICS 722511

Karma Foods LLC, located in Estes Park, CO, operates in the full-service restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,566,000, approved May 15, 2026 by 22nd State Bank, A Division of 22nd State Banking Company.

SBA 7(a) loan, change of ownership, approved May 15, 2026

$1,566,000 approvedLender: 22nd State Bank, A Division of 22nd State Banking Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,566,000
SBA-guaranteed amount
$1,174,500 (75% of the approval)
Lender
22nd State Bank, A Division of 22nd State Banking Company, Mobile, AL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
May 15, 2051 (estimated, approval date plus term)
Estimated monthly payment
$12,875 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Larimer County, CO
SBA district office
Colorado District Office
Congressional district
CO-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 74% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado