Main Street Registry

Bjs Health Foods

Victorville, CA · All Other Specialty Food Retailers · NAICS 445298

Bjs Health Foods is a specialty food retailer in Victorville, CA, classified under the industry All Other Specialty Food Retailers (NAICS 445298). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,672,500, approved on January 19, 2024, through lender GBank. The loan's reported job count is 15.

SBA 7(a) loan, change of ownership, approved Jan 19, 2024

$1,672,500 approvedLender: GBank299 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,672,500
SBA-guaranteed amount
$1,254,375 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
24 years, 11 months (299 months)
Estimated maturity
December 19, 2048 (estimated, approval date plus term)
Estimated monthly payment
$16,102 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
445298, All Other Specialty Food Retailers
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in All Other Specialty Food Retailers on this site.
  • Average acquisition loan in All Other Specialty Food Retailers: $1,581,762.
  • 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