Sweet Life LLC
Sweet Life LLC is a snack and nonalcoholic beverage bar business located in Anchorage, Alaska, classified under NAICS code 722515. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,253,000 from Lexicon Bank and an approval date of September 29, 2025. The loan is recorded as a franchise financing and reports 27 jobs.
SBA 7(a) loan, change of ownership, approved Sep 29, 2025
- Gross approval
- $1,253,000
- SBA-guaranteed amount
- $939,750 (75% of the approval)
- Lender
- Lexicon Bank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,872 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 722515, Snack and Nonalcoholic Beverage Bars
- Franchise
- Crumbl
- Project location
- Anchorage County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 77% of acquisition loans in Snack and Nonalcoholic Beverage Bars on this site.
- Average acquisition loan in Snack and Nonalcoholic Beverage Bars: $1,080,276.
- Average acquisition loan in Alaska: $1,671,114.
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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