La Cocina De Reyes; La Cocina Bar & Grill
La Cocina De Reyes; La Cocina Bar & Grill is a full-service restaurant located in Temecula, California, in the NAICS category for full-service restaurants. The company was approved for an SBA 504 loan with an SBA portion of $1,340,000, to finance real estate or equipment through an SBA 504 loan, with Enterprise Bank & Trust as the lender and an approval date of November 1, 2023.
SBA 504 loan, approved Nov 1, 2023
$1,340,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,340,000
- Bank portion
- $1,812,200
- Estimated project size
- $3,502,444 (estimated)
- Estimated owner equity
- $350,244 (estimated, about 10% of the project)
- Bank lender
- Enterprise Bank & Trust, Clayton, MO
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 1, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Riverside County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-42
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 33% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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