Main Street Registry

K & J Craft Ventures Inc

Garden Grove, CA · Full-Service Restaurants · NAICS 722511

K & J Craft Ventures Inc, located in Garden Grove, CA, operates in the full-service restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership of $1,338,700, approved by PCB Bank on April 28, 2025.

SBA 7(a) loan, change of ownership, approved Apr 28, 2025

$1,338,700 approvedLender: PCB Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,338,700
SBA-guaranteed amount
$1,004,025 (75% of the approval)
Lender
PCB Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
April 28, 2035 (estimated, approval date plus term)
Estimated monthly payment
$16,958 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 20, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
19
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-47
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • 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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Same industry in California