Foods & More
Foods & More, located in Santa Clara, CA, operates in the general line grocery merchant wholesalers industry (NAICS 424410). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,455,000, approved on April 2, 2025, through Harvest Commercial Capital, LLC, with The Mortgage Capital Development Corporation serving as the certified development company.
SBA 504 loan, approved Apr 2, 2025
$1,455,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,455,000
- Bank portion
- $1,775,000
- Estimated project size
- $3,588,889 (estimated)
- Estimated owner equity
- $358,889 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 2, 2050 (estimated, approval date plus term)
- First disbursement
- Jun 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 424410, General Line Grocery Merchant Wholesalers
- Project location
- Santa Clara County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-17
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 22% of expansion loans in General Line Grocery Merchant Wholesalers on this site.
- Average expansion loan in General Line Grocery Merchant Wholesalers: $2,655,652.
- 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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