Lemoore Food Center
Lemoore Food Center is a supermarket and grocery retailer in Lemoore, California, in the supermarkets and other grocery retailers category. The business financed real estate or equipment through an SBA 504 loan of $1.67 million, with a total project amount of $2.025 million, approved on November 17, 2025.
SBA 504 loan, approved Nov 17, 2025
$1,670,000 SBA portionCDC: Advantage Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,670,000
- Bank portion
- $2,025,000
- Estimated project size
- $4,105,556 (estimated)
- Estimated owner equity
- $410,556 (estimated, about 10% of the project)
- Bank lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 17, 2050 (estimated, approval date plus term)
- First disbursement
- Feb 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Kings County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-21
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 46% of expansion loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average expansion loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $2,388,397.
- 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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