Chicken & Egg Problem w Licensing

Hey everybody - I'm acquiring a business with very basic licensing requirements but perhaps a chicken and egg issue (which comes first?).

Acquiring a QSR restaurant and as part of that, a certificate of occupancy is needed. It turns out, I can't apply for a certificate of occupancy without cancelling out the current owners certificate of occupancy. This may create a problem related to receiving necessary licenses to operate pre-close.

Because the business is owned by a sole proprietorship, the transaction is structured as an asset purchase, and the license cannot be transferred as part of the sale.

On one hand, it's kind of insignificant because the current owner is licensed and in good standing with county regulatory bodies, and I visited county officials this week, who informed me it would take 2/3 days to get necessary approval. On the other hand, I'm wondering if it is possible it causes problems with SBA financing since we technically can't get approved on licenses pre-close.

One obvious pathway is just to get very close to the effective date of SBA funding, then apply for the license and try to tie out the dates exactly (e.g., license gets approved day of funding), but would like to avoid a weird situation where I've cancelled out the seller's existing license and the transaction somehow fails in the last 48 hours...

Another potential idea is to create some sort of shared services agreement, where we use the current owner's license until we get approved for our own - I just wonder if SBA will be good with that.

Any feedback is appreciated - thanks all!