Paisan Ristorante LLC
Paisan Ristorante LLC is a full-service restaurant business located in North Bend, Washington, under NAICS code 722511. It was financed with an SBA 7(a) loan for a change of ownership of $1.3 million, approved on January 27, 2026, through Monterey County Bank.
SBA 7(a) loan, change of ownership, approved Jan 27, 2026
$1,262,800 approvedLender: Monterey County Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,262,800
- SBA-guaranteed amount
- $947,100 (75% of the approval)
- Lender
- Monterey County Bank, Monterey, CA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 27, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $11,033 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- Average acquisition loan in Washington: $1,784,595.
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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