Their existing location was getting very old which was becoming too costly to maintain.

Under the 504 program, they are able to stabilize their occupancy expense with low, fixed rate financing, amortized over 20 years. The excitement of the new facility, along with refreshed games, is expected to have a positive impact on their operations as well as the community.  Credit was not available on conventional terms, as the business did not have the liquid assets for equity injection for non-government financing.

“Our lease was coming due and we explored the dream of owning our own building. We built the new Chuck E Cheese in a growing part of Kennewick and became our own landlord after leasing for 35 years. The SBA 504 loan program helped us strategically design our new building to help grow our already strong brand in the Tri-Cities. We continue to strive to be the number one choice for family entertainment in our community and are set for future growth. We have increased our numbers and crew and we couldn’t be happier. It was a pleasure working with Lisa Vincent who helped us to navigate the foreign landscape of the SBA 504 loan market.”                 

– The Corbin Family –