Main Street Registry

El Toro Loco Market, LLC

Santa Maria, CA · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

El Toro Loco Market, LLC is a grocery retailer in Santa Maria, California, operating in the supermarkets and other grocery retailers industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,433,000, approved on September 11, 2024, with Mission Bank as the lender and Cen Cal Business Finance Group as the certified development company. The loan was reported with 14 jobs.

SBA 504 loan, approved Sep 11, 2024

$1,433,000 SBA portionCDC: Cen Cal Business Finance Group25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,433,000
Bank portion
$1,750,000
Estimated project size
$3,536,667 (estimated)
Estimated owner equity
$353,667 (estimated, about 10% of the project)
Bank lender
Mission Bank, Bakersfield, CA
CDC
Cen Cal Business Finance Group
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
September 11, 2049 (estimated, approval date plus term)
First disbursement
Feb 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Individual
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Santa Barbara County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-24
Collateral
Yes

Estimated share of project by source

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

  • Larger than 32% of expansion loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average expansion loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $2,388,397.
  • 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