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Zips 5-Mile LLC

Spokane, WA · Limited-Service Restaurants · NAICS 722513

Zips 5-Mile LLC is a limited-service restaurant business located in Spokane, Washington, classified under NAICS code 722513. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1.09 million, from Banner Bank, with approval dated January 28, 2026.

SBA 7(a) loan, change of ownership, approved Jan 28, 2026

$1,090,000 approvedLender: Banner Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,090,000
SBA-guaranteed amount
$817,500 (75% of the approval)
Lender
Banner Bank, Walla Walla, WA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
January 28, 2036 (estimated, approval date plus term)
Estimated monthly payment
$13,808 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 27, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Spokane County, WA
SBA district office
Seattle District Office
Congressional district
WA-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 54% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • 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