Main Street Registry

Coastal Fresh Farms, Inc.

Somis, CA · General Line Grocery Merchant Wholesalers · NAICS 424410

Coastal Fresh Farms, Inc. is a general line grocery merchant wholesaler located in Somis, California. The business financed real estate or equipment through an SBA 504 loan of $3,150,000, with Columbia Bank as the lending bank and CDC Small Business Finance Corp. as the certified development company, and the loan was approved on August 24, 2026.

SBA 504 loan, approved Aug 24, 2026

$3,150,000 SBA portionCDC: CDC Small Business Finance Corp.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,150,000
Bank portion
$4,375,000
Estimated project size
$8,361,111 (estimated)
Estimated owner equity
$836,111 (estimated, about 10% of the project)
Bank lender
Columbia Bank, Fair Lawn, NJ
CDC
CDC Small Business Finance Corp.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 24, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
210
Business type
Corporation
NAICS
424410, General Line Grocery Merchant Wholesalers
Project location
Ventura County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-26
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 61% of expansion loans in General Line Grocery Merchant Wholesalers on this site.
  • Average expansion loan in General Line Grocery Merchant Wholesalers: $2,655,652.
  • 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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Same industry in California