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Kennedy Funding Arranges $1.1M Loan for Durham-Area Steakhouse

The property at 401 E. Center Street that will soon be home to Mebane Steakhouse formerly housed the A&M Grill.

The property at 401 E. Center Street that will soon be home to Mebane Steakhouse formerly housed the A&M Grill.

MEBANE, N.C. — Kennedy Funding Financial LLC, a New Jersey-based private lender, has arranged a two-year, $1.1 million working capital loan for a restaurant opening soon in the Durham area. Located at 401 E. Center St. in Mebane, a town about 20 miles west of Durham, the property spans 11,000 square feet. The borrower, Mebane Steakhouse LLC, will also own and operate the restaurant.

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