Fireside Inn and Lounge Inc.
Fireside Inn and Lounge Inc. is a drinking place (alcoholic beverages) located in Lathrop, California. The company was financed with an SBA 7(a) loan for a change of ownership of $532,500, approved by Plumas Bank on August 29, 2025.
SBA 7(a) loan, change of ownership, approved Aug 29, 2025
$532,500 approvedLender: Plumas Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $532,500
- SBA-guaranteed amount
- $399,375 (75% of the approval)
- Lender
- Plumas Bank, Quincy, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- August 29, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $4,110 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 722410, Drinking Places (Alcoholic Beverages)
- Project location
- San Joaquin County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 4% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
- Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
- 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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