Massis Kabob The Original Kabobery
Massis Kabob The Original Kabobery is a limited-service restaurant in Pasadena, California, in the industry classified as Limited-Service Restaurants. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,610,000, a bank portion from Bank of America, National Association, and a certified development company portion from Business Finance Capital, with approval dated March 6, 2025.
SBA 504 loan, approved Mar 6, 2025
$1,610,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,610,000
- Bank portion
- $1,977,516
- Estimated project size
- $3,986,129 (estimated)
- Estimated owner equity
- $398,613 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 6, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-27
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 66% of expansion loans in Limited-Service Restaurants on this site.
- Average expansion loan in Limited-Service Restaurants: $1,507,672.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in California
- Flake Venice LLC, Venice
- FremontDV 1 LLC, Fremont
- Real Juicy Burgers, Buena Park
- YS Restaurant Group Inc, Los Angeles
- Dutch Bros. Coffee of Woodland, Inc., Rio Vista
- Aroma Cafe, San Rafael
- Popping Yolk Cafe, Los Angeles
- Ksn Investments, Inc., Coachella