Main Street Registry

Sunrice; UU Sunrice

Everett, WA · Caterers · NAICS 722320

Sunrice; UU Sunrice is a caterer located in Everett, WA, classified under NAICS code 722320 (Caterers). The business was financed with an SBA 7(a) loan for a change of ownership of $713,000, approved on April 23, 2024, through Hanmi Bank.

SBA 7(a) loan, change of ownership, approved Apr 23, 2024

$713,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$713,000
SBA-guaranteed amount
$534,750 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
April 23, 2049 (estimated, approval date plus term)
Estimated monthly payment
$6,229 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
722320, Caterers
Project location
Snohomish 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 14% of acquisition loans in Caterers on this site.
  • Average acquisition loan in Caterers: $2,164,405.
  • 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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Same industry in Washington