Desi Foods
Desi Foods is located in Riverside, CA, and the SBA lists its industry as Baked Goods Retailers. It was approved for an SBA 504 loan ($1,542,000 SBA portion) on January 3, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jan 3, 2024
- SBA (CDC) portion
- $1,542,000
- Bank portion
- $1,882,500
- Estimated project size
- $3,805,000 (estimated)
- Estimated owner equity
- $380,500 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 3, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445291, Baked Goods Retailers
- Project location
- Riverside County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-41
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Baked Goods Retailers: $1,542,500.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in California
- Pbla1, LLC, Los Angeles
- Paris Baguette of West Covina, West Covina
- MJ21 LLC, San Jose
- Patty's Cakes and Desserts, Fullerton
- Golden Carbs LLC, Encino
- Paris Baguette, Los Angeles
- 8856 W Pico Blvd., LLC, Los Angeles