Main Street Registry

Kobe Teppan & Sushi

Live Oak, TX · Full-Service Restaurants · NAICS 722511

Kobe Teppan & Sushi, a full-service restaurant in Live Oak, Texas, was financed with an SBA 7(a) loan for a change of ownership. The loan of $947,000 was approved on February 6, 2025, through Heritage Bank Inc, and the loan record lists 20 jobs.

SBA 7(a) loan, change of ownership, approved Feb 6, 2025

$947,000 approvedLender: Heritage Bank Inc10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$947,000
SBA-guaranteed amount
$710,250 (75% of the approval)
Lender
Heritage Bank Inc, Burlington, KY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
February 6, 2035 (estimated, approval date plus term)
Estimated monthly payment
$12,646 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 7, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Bexar County, TX
SBA district office
San Antonio District Office
Congressional district
TX-28
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 47% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Texas: $1,944,682.

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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