SBA lending record

Baracoa Cuban Restaurant

853 Auto Center Drive, Palmdale, CA 93551 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$190K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$190,000 — FY2024

Gross approval: $190,000
SBA guaranteed: $142,500 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/13/2024
First disbursement: 4/11/2024
Days to fund: 29 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 7
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: California Statewide Certified Development Corporation
Address: 853 Auto Center Drive
City: Palmdale, 93551
County: Los Angeles
SBA district office: LOS ANGELES DISTRICT OFFICE
Congressional district: 25

The lender

California Statewide Certified Development Corporation

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry.

SBA lenders in California Lenders for full-service restaurants Full-Service Restaurants lenders in California

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Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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MODERN THAI RESTAURANT LLC

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SG Restaurant, LLC

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Agent summary

This page summarizes the public SBA 7(a) lending record for Baracoa Cuban Restaurant in Palmdale, CA (Full-Service Restaurants). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $190K
On record FY2024
7 jobs supported
Industry: Full-Service Restaurants
Location: Palmdale, CA
Lender: California Statewide Certified Development Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in CA for ~$190k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/baracoa-cuban-restaurant-ca
API:: https://www.capbench.com/api/public/businesses/baracoa-cuban-restaurant-ca
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Baracoa Cuban Restaurant.