Main Street Registry

Sclafani's University Park LLC

Dallas, TX · Limited-Service Restaurants · NAICS 722513

Sclafani's University Park LLC is a limited-service restaurant business in Dallas, Texas, in the Limited-Service Restaurants industry (NAICS 722513). The company was financed with an SBA 7(a) loan for a change of ownership of $750,000, approved on June 4, 2024 by Byline Bank, with 15 jobs reported.

SBA 7(a) loan, change of ownership, approved Jun 4, 2024

$750,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$750,000
SBA-guaranteed amount
$562,500 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
June 4, 2034 (estimated, approval date plus term)
Estimated monthly payment
$10,438 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 7, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-32
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 34% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Texas: $1,944,682.

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 Texas