7601 El Camino LLC

SBA 504 loan, approved Sep 29, 2025

SBA (CDC) portion

$1,036,000

Bank portion

$1,275,000

Estimated project size

$2,567,778 (estimated)

Estimated owner equity

$256,778 (estimated, about 10% of the project)

Bank lender

First-Citizens Bank & Trust Company, Raleigh, NC

CDC

California Statewide Certified Development Corporation

Processing method

Accredited Lenders Program: CDC with an expedited SBA review

Term

25 years (300 months)

Estimated maturity

September 29, 2050 (estimated, approval date plus term)

First disbursement

Mar 11, 2026

Loan status

Status not reported (SBA exemption)

Jobs supported

15

Business type

Corporation

NAICS

722513, Limited-Service Restaurants

Project location

San Mateo County, CA

SBA district office

San Francisco District Office

Congressional district

CA-12

Collateral

Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

• Larger than 7% of expansion loans in Limited-Service Restaurants on this site.
• Average expansion loan in Limited-Service Restaurants: $1,507,672.
• 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.