Loudmouth
Loudmouth is located in Austin, TX, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 504 loan ($1,706,000 SBA portion) on October 11, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 11, 2023
- SBA (CDC) portion
- $1,706,000
- Bank portion
- $2,082,500
- Estimated project size
- $4,209,444 (estimated)
- Estimated owner equity
- $420,944 (estimated, about 10% of the project)
- Bank lender
- Jefferson Bank, San Antonio, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 11, 2048 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Travis County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-25
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 63% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- Average expansion loan in Texas: $2,316,979.
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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