Tasty Buffet & Grill
Tasty Buffet & Grill is located in Pomona, CA, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 504 loan ($2,050,000 SBA portion) on April 22, 2025 to finance real estate or equipment.
SBA 504 loan, approved Apr 22, 2025
- SBA (CDC) portion
- $2,050,000
- Bank portion
- $2,500,000
- Estimated project size
- $5,055,556 (estimated)
- Estimated owner equity
- $505,556 (estimated, about 10% of the project)
- Bank lender
- East West Bank, Pasadena, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 22, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-35
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 76% 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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