Momo Mee Asian Cuisine
Momo Mee Asian Cuisine is a full-service restaurant business in Milwaukee, Wisconsin, in the Full-Service Restaurants industry. It was financed with an SBA 7(a) loan for a change of ownership of $3.26 million, approved by First Internet Bank of Indiana on May 29, 2025.
SBA 7(a) loan, change of ownership, approved May 29, 2025
$3,260,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,260,000
- SBA-guaranteed amount
- $2,445,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $43,081 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 43
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Milwaukee County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 94% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in Wisconsin: $1,729,230.
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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