Main Street Registry

Metro Taquero Huntwood

Hayward, CA · Full-Service Restaurants · NAICS 722511

Metro Taquero Huntwood is a full-service restaurant business in Hayward, California, in the Full-Service Restaurants industry. The company financed real estate or equipment through an SBA 504 loan with a $1,016,000 SBA portion, approved on November 17, 2023, by Fremont Bank with The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Nov 17, 2023

$1,016,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,016,000
Bank portion
$1,225,000
Estimated project size
$2,490,000 (estimated)
Estimated owner equity
$249,000 (estimated, about 10% of the project)
Bank lender
Fremont Bank, Fremont, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 17, 2048 (estimated, approval date plus term)
First disbursement
Mar 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Alameda County, CA
SBA district office
San Francisco District Office
Congressional district
CA-15
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • 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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Same industry in California