Le Fournil 2.0, Inc.
Le Fournil 2.0, Inc. is a baked goods retailer in Seattle, Washington, operating under NAICS 445291. The company was financed with an SBA 7(a) loan for a change of ownership of $1.105 million, approved on July 28, 2025, by Live Oak Banking Company. The loan has a 10-year term and is reported with 20 jobs.
SBA 7(a) loan, change of ownership, approved Jul 28, 2025
$1,105,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,105,000
- SBA-guaranteed amount
- $828,750 (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
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 28, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,849 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 445291, Baked Goods Retailers
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 41% of acquisition loans in Baked Goods Retailers on this site.
- Average acquisition loan in Baked Goods Retailers: $1,301,117.
- 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.
Is this your company? Claim or correct this listing. See Corrections.