Main Street Registry

OTA Food Service Inc

Santa Clarita, CA · Limited-Service Restaurants · NAICS 722513

OTA Food Service Inc is a limited-service restaurant business in Santa Clarita, California, operating under the Farmer Boys franchise. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,348,000, approved on June 9, 2025, through Bank Five Nine and The Mortgage Capital Development Corporation.

SBA 504 loan, approved Jun 9, 2025

$1,348,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,348,000
Bank portion
$1,643,950
Estimated project size
$3,324,389 (estimated)
Estimated owner equity
$332,439 (estimated, about 10% of the project)
Bank lender
Bank Five Nine, Oconomowoc, WI
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 9, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
24
Business type
Corporation
NAICS
722513, Limited-Service Restaurants
Franchise
Farmer Boys
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-25
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 49% of expansion loans in Limited-Service Restaurants on this site.
  • Average expansion loan in Limited-Service Restaurants: $1,507,672.
  • 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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Same industry in California