Patty's Pizza LLC
Patty's Pizza LLC is located in Marina Del Rey, CA, and the SBA lists its industry as Commercial Bakeries. It was approved for an SBA 7(a) loan of $1,950,000 for a change of ownership on May 29, 2025.
SBA 7(a) loan, change of ownership, approved May 29, 2025
- Gross approval
- $1,950,000
- SBA-guaranteed amount
- $1,462,500 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $25,769 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 311812, Commercial Bakeries
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-33
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Commercial Bakeries: $1,736,750.
- Average acquisition loan in California: $1,688,228.
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
- Dany & Kory Inc, South Gate
- Born 2 Bake LLC, Thousand Palms
- Manova Partners, LLC, Montebello