Adobo Latin Kitchen- Easton, PA
With a dream of opening a restaurant together, Nilda and José Pinargote – he’s also the co-owner of Pints and Pies Neighborhood Pub located in Easton, PA – began by researching potential funders.
As a start-up business and a restaurant, they experienced initial difficultly in securing financing for their endeavor. However, after receiving a referral from their financial advisor, the Pinargotes secured an SBA Community Advantage loan for $145,000 for their new restaurant, Adobo Latin Kitchen. José explains, “Our experience was absolutely seamless. Our loan officer did an amazing job, constantly keeping us in the loop.”
In March 2017, their restaurant, Adobo Latin Kitchen, opened for business, providing an authentic Puerto Rican culinary experience in Pennsylvania.
There are strong indications of continued success, too. They initially opened Adobo Latin Kitchen with eight employees; within the first two months, they increased the staff to 26, and monthly sales have are triple original projections. “We get excited to be able to provide more job opportunities in our community,” says José, and The 504 Company is equally excited to support their continued growth.