Main Street Registry

Valley Star AZ, LLC

Tucson, AZ · Limited-Service Restaurants · NAICS 722513

Valley Star AZ, LLC is a limited-service restaurant business located in Tucson, Arizona, operating under the Carl's Jr. franchise. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,734,900, approved by Western Alliance Bank on December 23, 2023.

SBA 7(a) loan, change of ownership, approved Dec 23, 2023

$1,734,900 approvedLender: Western Alliance Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,734,900
SBA-guaranteed amount
$1,301,175 (75% of the approval)
Lender
Western Alliance Bank, Phoenix, AZ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.13%, variable
Term
25 years (300 months)
Estimated maturity
December 23, 2048 (estimated, approval date plus term)
Estimated monthly payment
$12,406 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
64
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Carl's Jr.
Project location
Pima County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 78% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • Average acquisition loan in Arizona: $1,690,811.

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 Arizona