Main Street Registry

5th and Market Street Group, LLC

San Diego, CA · Full-Service Restaurants · NAICS 722511

5th and Market Street Group, LLC is a full-service restaurant located in San Diego, CA, in the Full-Service Restaurants industry. The business was financed with an SBA 7(a) loan for a change of ownership of $1.95 million, approved on March 7, 2025, by American Business Bank. The loan reported 98 jobs.

SBA 7(a) loan, change of ownership, approved Mar 7, 2025

$1,950,000 approvedLender: American Business Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,950,000
SBA-guaranteed amount
$1,462,500 (75% of the approval)
Lender
American Business Bank, Anaheim, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
March 7, 2035 (estimated, approval date plus term)
Estimated monthly payment
$25,233 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 27, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
98
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-51
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 83% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • 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