Main Street Registry

Lion Supermarket Stores, Incorporated

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

Lion Supermarket Stores, Incorporated, located in Stockton, California, operates in the supermarkets and other grocery retailers industry. The company financed real estate or equipment through an SBA 504 loan of $1,260,000, approved on November 21, 2023, with Harvest Commercial Capital, LLC as the lender and San Fernando Valley Small Business Development Corporation as the certified development company.

SBA 504 loan, approved Nov 21, 2023

$1,260,000 SBA portionCDC: San Fernando Valley Small Business Development Corporation25 years termPaid in fullLoan details
SBA (CDC) portion
$1,260,000
Bank portion
$1,230,000
Estimated project size
$2,766,667 (estimated)
Estimated owner equity
$276,667 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
San Fernando Valley Small Business Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
November 21, 2048 (estimated, approval date plus term)
First disbursement
Mar 13, 2024
Loan status
Paid in full
Jobs supported
12
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
San Joaquin County, CA
SBA district office
Sacramento District Office
Congressional district
CA-9
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 21% 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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Same industry in California