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Queen Creek Food Ventures Inc

Queen Creek, AZ · Full-Service Restaurants · NAICS 722511

Queen Creek Food Ventures Inc is a full-service restaurant business located in Queen Creek, Arizona, classified under NAICS code 722511. The company was financed with an SBA 7(a) loan for a change of ownership of $1.125 million, approved on December 12, 2025 by Summit State Bank, and the business is listed as a Pita Jungle franchise.

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

$1,125,000 approvedLender: Summit State Bank10 years termPaid in fullLoan details
Gross approval
$1,125,000
SBA-guaranteed amount
$843,750 (75% of the approval)
Lender
Summit State Bank, Santa Rosa, 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 12, 2035 (estimated, approval date plus term)
Estimated monthly payment
$14,557 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 30, 2025
Loan status
Paid in full
Jobs supported
30
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Franchise
Pita Jungle
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 58% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • Average acquisition loan in Arizona: $1,690,811.

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 Arizona