Main Street Registry

Bachi Yaki, Inc

Bellflower, CA · Limited-Service Restaurants · NAICS 722513

Bachi Yaki, Inc is located in Bellflower, CA, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 504 loan ($1,318,000 SBA portion) on February 29, 2024 to finance real estate or equipment.

SBA 504 loan, approved Feb 29, 2024

SBA (CDC) portion
$1,318,000
Bank portion
$1,540,000
Estimated project size
$3,175,556 (estimated)
Estimated owner equity
$317,556 (estimated, about 10% of the project)
Bank lender
Velocity Commerical Capital, Westlake Village, CA
CDC
California Statewide Certified Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
February 28, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
25
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-38
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

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 California