Main Street Registry

Kikos Mexican Restaurant & Cantina

Corpus Christi, TX · Full-Service Restaurants · NAICS 722511

Kikos Mexican Restaurant & Cantina in Corpus Christi, Texas, operates in the full-service restaurants industry. It was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $4,602,200 from Mission Valley Bank, approved on August 12, 2025. The loan reports 87 jobs.

SBA 7(a) loan, change of ownership, approved Aug 12, 2025

$4,602,200 approvedLender: Mission Valley Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,602,200
SBA-guaranteed amount
$3,451,650 (75% of the approval)
Lender
Mission Valley Bank, Sun Valley, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
August 12, 2050 (estimated, approval date plus term)
Estimated monthly payment
$37,058 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 22, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
87
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Nueces County, TX
SBA district office
Lower Rio Grande Valley District Office
Congressional district
TX-27
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 98% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Texas: $1,944,682.

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 Texas