Main Street Registry

Nasher & Obaid Property's LLC

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

Nasher & Obaid Property's LLC, located in Antioch, CA, operates in the supermarkets and other grocery retailers industry. The company financed real estate or equipment through an SBA 504 loan of $1,102,000 with a 300-month term, approved on January 9, 2026, through The Bancorp Bank National Association and Advantage Certified Development Corporation.

SBA 504 loan, approved Jan 9, 2026

$1,102,000 SBA portionCDC: Advantage Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,102,000
Bank portion
$1,332,000
Estimated project size
$2,704,444 (estimated)
Estimated owner equity
$270,444 (estimated, about 10% of the project)
Bank lender
The Bancorp Bank National Association, Sioux Falls, SD
CDC
Advantage Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 9, 2051 (estimated, approval date plus term)
First disbursement
Apr 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Contra Costa County, CA
SBA district office
San Francisco District Office
Congressional district
CA-9
Collateral
Yes

Estimated share of project by source

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

  • Larger than 11% 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