Main Street Registry

Little India, LLC

Highland, UT · Full-Service Restaurants · NAICS 722511

Little India, LLC is a full-service restaurant business located in Highland, Utah, in the industry classified under NAICS 722511. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,389,000, approved on December 31, 2023 by America First Federal Credit Union through Mountain West Small Business Finance as the certified development company.

SBA 504 loan, approved Dec 31, 2023

$1,389,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,389,000
Bank portion
$1,737,500
Estimated project size
$3,473,889 (estimated)
Estimated owner equity
$347,389 (estimated, about 10% of the project)
Bank lender
America First Federal Credit Union, Riverdale, UT
CDC
Mountain West Small Business Finance
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
December 31, 2048 (estimated, approval date plus term)
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Utah County, UT
SBA district office
Utah District Office
Congressional district
UT-3
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 39% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Utah: $2,117,884.

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 Utah