Main Street Registry

M&g Foodstuff Zh Acquisition LLC

New York, NY · Caterers · NAICS 722320

M&g Foodstuff Zh Acquisition LLC is a caterer located in New York, NY, classified under NAICS code 722320 (Caterers). The business was financed with an SBA 7(a) loan for a change of ownership of $4.5 million, approved on September 25, 2026, through Byline Bank, with a 120-month term and 25 jobs reported.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$4,500,000 approvedLender: Byline Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$4,500,000
SBA-guaranteed amount
$3,375,000 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
September 25, 2036 (estimated, approval date plus term)
Estimated monthly payment
$57,615 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
25
Business type
Corporation
NAICS
722320, Caterers
Project location
New York County, NY
SBA district office
New York District Office
Congressional district
NY-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 86% of acquisition loans in Caterers on this site.
  • Average acquisition loan in Caterers: $2,164,405.
  • Average acquisition loan in New York: $1,771,512.

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.

Same industry in New York