Main Street Registry

Burros & Fries Glendale, Inc.

Gilbert, AZ · Limited-Service Restaurants · NAICS 722513

Burros & Fries Glendale, Inc. is a limited-service restaurant business located in Gilbert, Arizona, classified under NAICS code 722513. The company financed real estate or equipment through an SBA 504 loan of $1,156,000, approved July 23, 2025, with First Fidelity Bank as the partner lender and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Jul 23, 2025

$1,156,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,156,000
Bank portion
$1,407,500
Estimated project size
$2,848,333 (estimated)
Estimated owner equity
$284,833 (estimated, about 10% of the project)
Bank lender
First Fidelity Bank, Oklahoma City, OK
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 23, 2050 (estimated, approval date plus term)
First disbursement
Jun 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
25
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-5
Collateral
Yes

Estimated share of project by source

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

  • Larger than 27% of expansion loans in Limited-Service Restaurants on this site.
  • Average expansion loan in Limited-Service Restaurants: $1,507,672.
  • Average expansion loan in Arizona: $2,074,452.

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