NGV South, LLC
NGV South, LLC is a limited-service restaurant business in McMurray, PA, in the Limited-Service Restaurants industry (NAICS 722513). The company was financed with an SBA 7(a) loan for a change of ownership of $3.81 million, approved on November 18, 2025 by The Huntington National Bank, with 35 jobs reported.
SBA 7(a) loan, change of ownership, approved Nov 18, 2025
$3,810,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,810,000
- SBA-guaranteed amount
- $2,857,500 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- November 18, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $29,406 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Washington County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 97% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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