Main Street Registry

La Mexicana Meat Market

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

La Mexicana Meat Market is a grocery retailer in Compton, California, classified under supermarkets and other grocery retailers (except convenience retailers). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,250,000, approved through Hanmi Bank with an approval date of July 31, 2026.

SBA 7(a) loan, change of ownership, approved Jul 31, 2026

$1,250,000 approvedLender: Hanmi Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,250,000
SBA-guaranteed amount
$1,125,000 (90% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
International Trade Loan: for businesses that export or are preparing to
Initial interest rate
8.25%, variable
Term
10 years (120 months)
Estimated maturity
July 31, 2036 (estimated, approval date plus term)
Estimated monthly payment
$15,332 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
20
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-40
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 50% 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