Main Street Registry

Four Corners Market

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

Four Corners Market is a grocery retailer in Alturas, California, classified under NAICS 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers). The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $840,000, approved by Open Bank on July 28, 2025.

SBA 7(a) loan, change of ownership, approved Jul 28, 2025

$840,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$840,000
SBA-guaranteed amount
$630,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
July 28, 2050 (estimated, approval date plus term)
Estimated monthly payment
$7,049 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Modoc County, CA
SBA district office
Sacramento District Office
Congressional district
CA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 23% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • Average acquisition loan in California: $1,688,228.

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