Main Street Registry

Ted's Jumbo Red Hots, Inc.

Tempe, AZ · Limited-Service Restaurants · NAICS 722513

Ted's Jumbo Red Hots, Inc. is located in Tempe, AZ, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 504 loan ($1,166,000 SBA portion) on August 3, 2026 to finance real estate or equipment.

SBA 504 loan, approved Aug 3, 2026

SBA (CDC) portion
$1,166,000
Bank portion
$1,415,000
Estimated project size
$2,867,778 (estimated)
Estimated owner equity
$286,778 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 3, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
45
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-9
Collateral
Yes

Estimated share of project by source

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

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 Arizona