Main Street Registry

Willy McCoys of Shakopee, LLC

Shakopee, MN · Full-Service Restaurants · NAICS 722511

Willy McCoys of Shakopee, LLC is a full-service restaurant business located in Shakopee, Minnesota, in the full-service restaurants industry. The company financed real estate or equipment through an SBA 504 loan of $1,658,000, approved on January 6, 2025, with UMB Bank, National Association as the lender and Amplio Economic Development Corporation as the certified development company.

SBA 504 loan, approved Jan 6, 2025

$1,658,000 SBA portionCDC: Amplio Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,658,000
Bank portion
$2,025,000
Estimated project size
$4,092,222 (estimated)
Estimated owner equity
$409,222 (estimated, about 10% of the project)
Bank lender
UMB Bank, National Association, Kansas City, MO
CDC
Amplio Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 6, 2050 (estimated, approval date plus term)
First disbursement
Feb 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Scott County, MN
SBA district office
Minnesota District Office
Congressional district
MN-2
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 59% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Minnesota: $2,136,981.

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 Minnesota