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Mahant Management LA LLC

Shreveport, LA · Limited-Service Restaurants · NAICS 722513

Mahant Management LA LLC is a limited-service restaurant business in Shreveport, Louisiana, operating as a Jimmy John's franchise. The company was financed with an SBA 7(a) loan for a change of ownership totaling $955,000, provided by Live Oak Banking Company with an approval date of May 29, 2026.

SBA 7(a) loan, change of ownership, approved May 29, 2026

$955,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$955,000
SBA-guaranteed amount
$716,250 (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
8.35%, variable
Term
10 years (120 months)
Estimated maturity
May 29, 2036 (estimated, approval date plus term)
Estimated monthly payment
$11,764 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 21, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Jimmy John's
Project location
Caddo County, LA
SBA district office
Louisiana District Office
Congressional district
LA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 47% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Louisiana: $1,702,056.

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 Louisiana