Korpal Golden Investments LLC
Korpal Golden Investments LLC, located in Port Arthur, Texas, operates in the limited-service restaurants industry (NAICS 722513) and is a Golden Chick franchise. The business financed real estate or equipment through an SBA 504 loan of $1,051,000 from the SBA portion, with Texas First Bank as the lender and North Texas Certified Development Corporation as the CDC, approved on June 4, 2024.
SBA 504 loan, approved Jun 4, 2024
$1,051,000 SBA portionCDC: North Texas Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,051,000
- Bank portion
- $1,280,500
- Estimated project size
- $2,590,556 (estimated)
- Estimated owner equity
- $259,056 (estimated, about 10% of the project)
- Bank lender
- Texas First Bank, Texas City, TX
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- June 4, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Golden Chick
- Project location
- Jefferson County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-14
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 9% of expansion loans in Limited-Service Restaurants on this site.
- Average expansion loan in Limited-Service Restaurants: $1,507,672.
- Average expansion loan in Texas: $2,316,979.
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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