Main Street Registry

Real Estate 7575 LLC

Nags Head, NC · Full-Service Restaurants · NAICS 722511

Real Estate 7575 LLC is a full-service restaurant business located in Nags Head, North Carolina, according to the SBA industry classification. The company financed real estate or equipment through an SBA 504 loan of $2,313,000 with a bank partner, Southern Bank and Trust Company, and a Certified Development Company, 504 Capital Corporation, with approval dated September 2, 2026.

SBA 504 loan, approved Sep 2, 2026

$2,313,000 SBA portionCDC: 504 Capital Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,313,000
Bank portion
$2,810,000
Estimated project size
$5,692,222 (estimated)
Estimated owner equity
$569,222 (estimated, about 10% of the project)
Bank lender
Southern Bank and Trust Company, Mount Olive, NC
CDC
504 Capital Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 2, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
12
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Dare County, NC
SBA district office
North Carolina District Office
Congressional district
NC-3
Collateral
Yes

Estimated share of project by source

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

  • Larger than 81% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in North Carolina: $2,167,577.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in North Carolina