P&T FAMILY ENTERPRISES, L.P., a California Limited Partnership
P&T Family Enterprises, L.P., a California Limited Partnership in Lodi, CA, operates in the full-service restaurants industry (NAICS 722511). The company financed real estate or equipment through an SBA 504 loan of $4,485,000 from BAC Community Bank, with the loan approved on October 11, 2024, and Success Capital Expansion & Development Corporation as the certified development company.
SBA 504 loan, approved Oct 11, 2024
$4,485,000 SBA portionCDC: Success Capital Expansion & Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,485,000
- Bank portion
- $4,600,000
- Estimated project size
- $10,094,444 (estimated)
- Estimated owner equity
- $1,009,444 (estimated, about 10% of the project)
- Bank lender
- BAC Community Bank, Stockton, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 11, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 30
- Business type
- LLC or partnership
- NAICS
- 722511, Full-Service Restaurants
- 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 46% SBA (CDC) 44% Owner 10%
- Larger than 97% of expansion loans in Full-Service Restaurants on this site.
- 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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