Titan Burgers Chino Inc.
Titan Burgers Chino Inc. is a limited-service restaurant located in Chino, California, in the Limited-Service Restaurants industry (NAICS 722513). The business financed real estate or equipment through an SBA 504 loan of $1,027,000, approved on March 2, 2024, with First-Citizens Bank & Trust Company as the lender and California Statewide Certified Development Corporation as the certified development company.
SBA 504 loan, approved Mar 2, 2024
$1,027,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,027,000
- Bank portion
- $1,250,000
- Estimated project size
- $2,530,000 (estimated)
- Estimated owner equity
- $253,000 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 2, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- San Bernardino County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-35
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 3% 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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