California Packing Company
California Packing Company is located in Olivehurst, CA, and the SBA lists its industry as Other Grocery and Related Products Merchant Wholesalers. It was approved for an SBA 504 loan ($1,198,000 SBA portion) on April 22, 2026 to finance real estate or equipment.
SBA 504 loan, approved Apr 22, 2026
- SBA (CDC) portion
- $1,198,000
- Bank portion
- $1,450,000
- Estimated project size
- $2,942,222 (estimated)
- Estimated owner equity
- $294,222 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 22, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 424490, Other Grocery and Related Products Merchant Wholesalers
- Project location
- Yuba County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 17% of expansion loans in Other Grocery and Related Products Merchant Wholesalers on this site.
- Average expansion loan in Other Grocery and Related Products Merchant Wholesalers: $2,831,667.
- 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.
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