Karrenbrock Transport, LLC
Karrenbrock Transport, LLC is a business in Wentzville, Missouri, in the limited-service restaurants industry (NAICS 722513). The company was financed with an SBA 7(a) loan for a change of ownership of $1.15 million, approved on June 25, 2025 by Live Oak Banking Company. The loan is associated with a Firehouse Subs franchise.
SBA 7(a) loan, change of ownership, approved Jun 25, 2025
$1,150,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,150,000
- SBA-guaranteed amount
- $862,500 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,039 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Firehouse Subs
- Project location
- Saint Charles County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 58% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Missouri: $1,584,414.
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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