Main Street Registry

S F Retail Inc

San Francisco, CA · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

S F Retail Inc is a grocery business located in San Francisco, California, in the supermarkets and other grocery retailers industry. It was financed with an SBA 7(a) loan for a change of ownership totaling $560,000, approved on September 28, 2024, by Open Bank.

SBA 7(a) loan, change of ownership, approved Sep 28, 2024

$560,000 approvedLender: Open Bank10 years termPaid in fullLoan details
Gross approval
$560,000
SBA-guaranteed amount
$420,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
September 28, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,714 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 6, 2024
Loan status
Paid in full
Jobs supported
4
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
San Francisco County, CA
SBA district office
San Francisco District Office
Congressional district
CA-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 6% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • 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