Main Street Registry

Savor Restaurant

Carmel, IN · Full-Service Restaurants · NAICS 722511

Savor Restaurant is a full-service restaurant business in Carmel, Indiana, classified under NAICS code 722511 (Full-Service Restaurants). The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $2,870,000 from First Internet Bank of Indiana, approved on November 13, 2025.

SBA 7(a) loan, change of ownership, approved Nov 13, 2025

$2,870,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,870,000
SBA-guaranteed amount
$2,152,500 (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
November 13, 2035 (estimated, approval date plus term)
Estimated monthly payment
$37,927 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 11, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
41
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Hamilton County, IN
SBA district office
Indiana District Office
Congressional district
IN-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 92% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Indiana: $1,995,900.

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 Indiana