Main Street Registry

Coachella Foods Inc

Coachella, CA · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Coachella Foods Inc is a supermarket and grocery retailer located in Coachella, California. The company financed real estate or equipment through an SBA 504 loan of $1,006,000, approved on February 28, 2025, with Harvest Commercial Capital, LLC as the lender and Advantage Certified Development Corporation as the certified development company.

SBA 504 loan, approved Feb 28, 2025

$1,006,000 SBA portionCDC: Advantage Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,006,000
Bank portion
$1,225,000
Estimated project size
$2,478,889 (estimated)
Estimated owner equity
$247,889 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
Advantage Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 28, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
12
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Riverside County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-36
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Average expansion loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $2,388,397.
  • Average expansion loan in California: $2,161,468.

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