California Tofu Grill
California Tofu Grill is a full-service restaurant in Fullerton, California, in the industry classified by NAICS code 722511. It was financed with an SBA 7(a) loan for a change of ownership of $1.1 million approved on January 30, 2024, through Columbia Bank, and a second SBA 7(a) loan for a change of ownership of $1.7 million approved on June 17, 2026, through US Metro Bank.
SBA 7(a) loan, change of ownership, approved Jun 17, 2026
$1,652,000 approvedLender: US Metro Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,652,000
- SBA-guaranteed amount
- $1,239,000 (75% of the approval)
- Lender
- US Metro Bank, Garden Grove, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $20,262 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-39
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 77% 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.
SBA 7(a) loan, change of ownership, approved Jan 30, 2024
$1,096,000 approvedLender: Columbia Bank10 years termPaid in fullLoan details
- Gross approval
- $1,096,000
- SBA-guaranteed amount
- $822,000 (75% of the approval)
- Lender
- Columbia Bank, Lake Oswego, OR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 30, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $14,789 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 4, 2024
- Loan status
- Paid in full
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-39
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 56% 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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