Main Street Registry

Pike Street Restaurant Group, Inc.

Seattle, WA · Full-Service Restaurants · NAICS 722511

Pike Street Restaurant Group, Inc. is a full-service restaurant business located in Seattle, Washington. It financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,258,000, with KeyBank National Association as the lending bank and Evergreen Business Capital as the certified development company, with approval dated March 27, 2025.

SBA 504 loan, approved Mar 27, 2025

$1,258,000 SBA portionCDC: Evergreen Business Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,258,000
Bank portion
$1,529,114
Estimated project size
$3,096,793 (estimated)
Estimated owner equity
$309,679 (estimated, about 10% of the project)
Bank lender
KeyBank National Association, Cleveland, OH
CDC
Evergreen Business Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 27, 2050 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
35
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-7
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 26% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Washington: $2,234,716.

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 Washington