Main Street Registry

It's Boba Time - Canyon Country

Santa Clarita, CA · Snack and Nonalcoholic Beverage Bars · NAICS 722515

It's Boba Time - Canyon Country is a snack and nonalcoholic beverage bar located in Santa Clarita, CA, operating under the It's Boba Time franchise. The business was financed with an SBA 7(a) loan for a change of ownership of $540,000, approved on July 25, 2025 by Woori America Bank.

SBA 7(a) loan, change of ownership, approved Jul 25, 2025

$540,000 approvedLender: Woori America Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$540,000
SBA-guaranteed amount
$405,000 (75% of the approval)
Lender
Woori America Bank, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
July 25, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,914 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
722515, Snack and Nonalcoholic Beverage Bars
Franchise
It's Boba Time
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-25
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 12% of acquisition loans in Snack and Nonalcoholic Beverage Bars on this site.
  • Average acquisition loan in Snack and Nonalcoholic Beverage Bars: $1,080,276.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California