Fabulous Food Group, Inc.
Fabulous Food Group, Inc. is a full-service restaurant business located in Bakersfield, California, in the full-service restaurants industry (NAICS 722511). The company financed real estate or equipment through an SBA 504 loan of $1,078,000, provided through California Statewide Certified Development Corporation with EverBank National Association as the bank partner, with an approval date of May 29, 2026.
SBA 504 loan, approved May 29, 2026
$1,078,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,078,000
- Bank portion
- $1,043,550
- Estimated project size
- $2,357,278 (estimated)
- Estimated owner equity
- $235,728 (estimated, about 10% of the project)
- Bank lender
- EverBank National Association, Jacksonville, FL
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- May 29, 2051 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 35
- Business type
- Individual
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Kern County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-21
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 9% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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