Main Street Registry

Motherlode Hospitality LLC

Folsom, CA · Limited-Service Restaurants · NAICS 722513

Motherlode Hospitality LLC is a limited-service restaurant business located in Folsom, California, and operates under the Mr. Pickle's Sandwich Shop franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $1.1 million, approved on December 1, 2025, by Royal Business Bank.

SBA 7(a) loan, change of ownership, approved Dec 1, 2025

$1,100,000 approvedLender: Royal Business Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,100,000
SBA-guaranteed amount
$825,000 (75% of the approval)
Lender
Royal Business Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
December 1, 2035 (estimated, approval date plus term)
Estimated monthly payment
$14,234 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
22
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Mr. Pickle's Sandwich Shop
Project location
Sacramento County, CA
SBA district office
Sacramento District Office
Congressional district
CA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 55% of acquisition loans in Limited-Service Restaurants on this site.
  • Average acquisition loan in Limited-Service Restaurants: $1,303,660.
  • 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