Jay's Market
Jay's Market is a supermarket and grocery retailer in Los Angeles, California, classified under NAICS code 445110 (Supermarkets and Other Grocery Retailers, except Convenience Retailers). The business financed real estate or equipment through an SBA 504 loan of $2,867,000, approved on August 22, 2025, through West Coast Community Bank with Business Finance Capital as the certified development company.
SBA 504 loan, approved Aug 22, 2025
$2,867,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,867,000
- Bank portion
- $3,500,000
- Estimated project size
- $7,074,444 (estimated)
- Estimated owner equity
- $707,444 (estimated, about 10% of the project)
- Bank lender
- West Coast Community Bank, Santa Cruz, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 22, 2050 (estimated, approval date plus term)
- First disbursement
- Dec 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-34
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 70% 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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