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Ahmed Dobashi
Kwik Way Restaurant to reopen at 6215 International Boulevard
Mr. Ahmed Dobashi grew up in the East Oakland Elmhurst neighborhood eating at the Kwik Way Restaurant on his way home after school. He always had a vision of one day owning that business and keeping it in the community.
The opportunity was presented to him when the owner moved out of state and sold the property to Mr. Dobashi in 2003. Immediately, Mr. Dobashi put together plans to renovate the dilapidated Kwik Way and add new commercial spaces to complement his center with a laundromat, 99 cent store, and a retail space.
As the financing to complete his project became a priority, Mr. Dobashi approached OBDC Small Business Finance in May of this year and received a $249,500 Enhanced Enterprise Community Revolving Loan to complete the development project. The grand opening of this brand new shopping center with four retail stores and 26 parking spaces is projected for this fall.
Contact Roberto Costa at (510) 763-4297 Ext. 103 to determine whether the EEC Revolving Loan program or other SBA Loan programs are the right ones for you.