Sante Specialty Foods
Sante Specialty Foods is a roasted nut and peanut butter manufacturer located in Santa Clara, California. The business financed real estate or equipment through an SBA 504 loan of $3,480,000 approved on June 13, 2025, with Velocity Commerical Capital as the lender and Bay Area Employment Development Company as the certified development company.
SBA 504 loan, approved Jun 13, 2025
$3,480,000 SBA portionCDC: Bay Area Employment Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,480,000
- Bank portion
- $4,250,000
- Estimated project size
- $8,588,889 (estimated)
- Estimated owner equity
- $858,889 (estimated, about 10% of the project)
- Bank lender
- Velocity Commerical Capital, Westlake Village, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- June 13, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 62
- Business type
- Corporation
- NAICS
- 311911, Roasted Nuts and Peanut Butter Manufacturing
- Project location
- Santa Clara County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-17
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Roasted Nuts and Peanut Butter Manufacturing: $2,681,500.
- 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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