SBA lending record

THE BEACON

4004 NORTH CAROLINA HWY 105, Sugar Mountain, NC 28604 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$185K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$185,000 — FY2023

Gross approval: $185,000
SBA guaranteed: $138,750 (75%)
Status: Current
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/16/2023
First disbursement: 9/27/2023
Days to fund: 11 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 16
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: SouthState Bank, National Association
Address: 4004 NORTH CAROLINA HWY 105
City: Sugar Mountain, 28604
County: Avery
SBA district office: NORTH CAROLINA DISTRICT OFFICE
Congressional district: 11

The lender

SouthState Bank, National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry.

SBA lenders in North Carolina Lenders for full-service restaurants Full-Service Restaurants lenders in North Carolina

Similar businesses

Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Everybody's Food Services LLC

Boone, NC· ~11 mi

Full-Service Restaurants

$175K
SBA financing: ≈ $343K–$572K
Est. revenue (rough)

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Dead Moon Night LLC

Morganton, NC· ~27 mi

Full-Service Restaurants

$125K
SBA financing: ≈ $245K–$408K
Est. revenue (rough)

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COUNTRY FRIED LLC

Vale, NC· ~46 mi

Full-Service Restaurants

$200K
SBA financing: ≈ $392K–$654K
Est. revenue (rough)

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BENDER RESTAURANT MANAGEMENT LLC

Lenoir, NC· ~22 mi

Full-Service Restaurants

$314K
SBA financing: ≈ $616K–$1.0M
Est. revenue (rough)

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RED GINGER ASIAN CUISINE INC.

Bristol, VA· ~39 mi

Full-Service Restaurants

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

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Buxton Chicken Palace Asheville LLC

Asheville, NC· ~54 mi

Full-Service Restaurants

$147K
SBA financing: ≈ $288K–$480K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for THE BEACON in Sugar Mountain, NC (Full-Service Restaurants). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $185K
On record FY2023
16 jobs supported
Industry: Full-Service Restaurants
Location: Sugar Mountain, NC
Lender: SouthState Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in NC for ~$185k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/the-beacon-nc
API:: https://www.capbench.com/api/public/businesses/the-beacon-nc
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with THE BEACON.