{"id":24601,"date":"2025-10-01T15:54:40","date_gmt":"2025-10-01T22:54:40","guid":{"rendered":"https:\/\/www.tmcfinancing.com\/?p=24601"},"modified":"2025-10-01T15:58:03","modified_gmt":"2025-10-01T22:58:03","slug":"jenna-leurquin-patisserie","status":"publish","type":"post","link":"https:\/\/www.tmcfinancing.com\/es\/jenna-leurquin-patisserie\/","title":{"rendered":"Jenna Leurquin Patisserie: With an SBA 504 Loan from TMC, a Bakery Owns Its Property"},"content":{"rendered":"<p>\u201cThis is our third location but our first purchase of commercial property and it has already helped us scale our business differently,\u201d says Jenna Leurquin, founder and owner of <a href=\"https:\/\/jlpatisserie.com\/\">Jenna Leurquin Patisserie<\/a>. Here\u2019s how she achieved property ownership with an <a href=\"https:\/\/www.tmcfinancing.com\/es\/business-financing\/why-sba-504\/\">Pr\u00e9stamo SBA 504<\/a> from TMC Financing for her much-loved bakery, which serves the Phoenix and Scottsdale, AZ, communities.<\/p>\n<p><strong>Returning to her roots<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-large wp-image-24605\" src=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-1024x683.jpg 1024w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-300x200.jpg 300w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-768x512.jpg 768w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-400x267.jpg 400w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-1536x1024.jpg 1536w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-2048x1365.jpg 2048w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-18x12.jpg 18w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-270x180.jpg 270w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9484-975x650.jpg 975w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>Jenna was raised in Belgium, where delicious baked goods are part of daily life. When she came to the U.S. on a full scholarship as part of the golf team at Boise State University in Idaho, she dreamt about them while earning degrees in international business and finance.<\/p>\n<p>\u201cI\u2019ve always loved baking,\u201d she explains, \u201cand I missed the pastries from home. When I finished school, I thought that learning to bake professionally could be both fun and a great potential business in the future.\u201d<\/p>\n<p>Jenna completed the culinary and pastry program at Le Cordon Bleu in Paris, France. After consulting for Belgian and French restaurants and bakeries, she relocated to Scottsdale, AZ, in 2016 for an opportunity to run the pastry program at a private country club, with a goal of eventually <a href=\"https:\/\/www.youtube.com\/watch?v=VfaCTPsSqhk\">opening her own bakery<\/a>.<\/p>\n<p><strong>Success through baking<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-24604 size-medium\" src=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-300x200.jpg 300w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-1024x683.jpg 1024w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-768x512.jpg 768w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-400x267.jpg 400w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-1536x1024.jpg 1536w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-2048x1365.jpg 2048w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-18x12.jpg 18w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-270x180.jpg 270w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2025\/10\/8G6A9461-Enhanced-NR-975x650.jpg 975w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Jenna launched out of a commercial kitchen that she subrented, testing her pastries and breads at farmers\u2019 markets before committing to her own bakery in Phoenix in March 2019; by that October, she opened a second location. Her bakery\u2019s loyal following continued to grow, as did her talented and committed team, but when the pandemic hit, Jenna had to pare down operations and staff to stay afloat.<\/p>\n<p>She spent the next several years rebuilding her team and strengthening operations and by 2024, she was ready for another location.<\/p>\n<p><strong>Great advice leads to TMC and the SBA 504 program<\/strong><\/p>\n<p>\u201cWe were outgrowing production space,\u201d Jenna says, \u201cand my accountant advised that if we were going to move, then this time around, we should own the building. That\u2019s how I ended up researching financing options and getting in touch with TMC.\u201d Recommendations for the <a href=\"https:\/\/www.tmcfinancing.com\/es\/business-financing\/why-sba-504\/\">Programa de pr\u00e9stamos SBA 504<\/a> and TMC Financing came through a bank and soon, Jenna was working with <a href=\"https:\/\/www.tmcfinancing.com\/es\/contact\/\">TMC SVP and Business Development Officer Chris Bane<\/a>.<\/p>\n<p>The SBA 504 loan program is an outstanding option for small business owners who want to purchase commercial property for their businesses, because it offers:<\/p>\n<ul>\n<li>A down payment of only 10% for most projects, which is significantly less than the 30-40% that\u2019s required for <a href=\"https:\/\/www.tmcfinancing.com\/es\/business-financing\/sba-504-loan-comparison\/\">conventional commercial mortgages<\/a>. For a deal like Jenna\u2019s, for example, which included the purchase of the property, renovations, and equipment, the down payment would be about $415,000, instead of $1.25-$1.7 million or more required for a conventional commercial mortgage.<\/li>\n<li>A fixed interest rate for the life of the loan, which can be from $50,000 to $5.5 million for the SBA 504 portion, with no maximum for the first mortgage. TMC has financed projects valued from $500,000 to $44 million.<\/li>\n<li>A 25-year term for most SBA 504 projects. This makes payments predictable and more affordable while stabilizing occupancy costs for decades.<\/li>\n<\/ul>\n<p>In addition, ownership means that entrepreneurs build equity in a long-term capital asset for future financial security, while gaining tax advantages for the business today.<\/p>\n<p><strong>TMC\u2019s experts make the loan process easier<br \/>\n<\/strong>Jenna says that this was the first time that she applied for financing for her bakery, so having an experienced team working on her behalf was essential.<\/p>\n<p>\u201cIt was all new to me and the process was more involved than I\u2019d anticipated,\u201d she admits. \u201cBut Chris and the TMC team guided and supported me throughout. Chris explained what was needed and why, and I developed a better understanding of the loan process as I went through it. In the end, everything worked out great!\u201d<\/p>\n<p>Chris adds, \u201cJL Patisserie is a terrific example of a growing business that\u2019s ready to own its property, and working with Jenna was a pleasure. She strives for excellence in everything she does, including getting through the loan process, which takes time and focus. We do our best to make it easier and when clients are equally as committed, there\u2019s a great outcome.\u201d<\/p>\n<p><strong>Finding new opportunities to build profitability<\/strong><\/p>\n<p>Today, Jenna employs about 25-30 people, including bakers and front-of-house staff. And the new space also means new opportunities to strengthen JL Patisserie\u2019s bottom line.<\/p>\n<p>\u201cAt about 10,000 square feet, it\u2019s nearly triple the size of the other locations. That means we can produce more baked goods while retaining the quality that we demand and our customers expect,\u201d Jenna explains. \u201cAnd I can buy ingredients and supplies by the pallet instead of by the crate, so I can negotiate better pricing and terms. That simply wasn\u2019t possible before because we didn\u2019t have the space for it.\u201d<\/p>\n<p><strong>TMC Financing helps small business grow with the SBA 504 loan program<\/strong><\/p>\n<figure id=\"attachment_21365\" aria-describedby=\"caption-attachment-21365\" style=\"width: 150px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.tmcfinancing.com\/es\/contact\/chris-bane\/\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-21365\" src=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/01\/Chris-Bane-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/01\/Chris-Bane-150x150.jpg 150w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/01\/Chris-Bane-13x12.jpg 13w, https:\/\/www.tmcfinancing.com\/wp-content\/uploads\/2023\/01\/Chris-Bane-320x320.jpg 320w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><figcaption id=\"caption-attachment-21365\" class=\"wp-caption-text\">Chris Bane, SVP TMC Financing<\/figcaption><\/figure>\n<p>For other entrepreneurs, Jenna says, \u201cBuying property is a big leap, so you need to be confident in your business and plans, but as long as you are, go for it,\u201d Jenna says. \u201cThere are amazing resources out there, like TMC and the SBA 504 loan, that are here to help.\u201d<\/p>\n<p>If your business is located in TMC\u2019s service area of California, Arizona, Nevada, Hawaii, and Oregon,\u00a0<a href=\"https:\/\/www.tmcfinancing.com\/es\/contact\/\">Cont\u00e1ctenos<\/a>\u00a0to get started. If your business is located outside of our service area, try the\u00a0<a href=\"https:\/\/www.sba.gov\/funding-programs\/loans\/lender-match\">SBA\u2019s Lender Match tool<\/a>\u00a0to find a qualified certified development company (CDC) lending partner near you.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u201cThis is our third location but our first purchase of commercial property and it has already helped us scale our business differently,\u201d says Jenna Leurquin, founder and owner of Jenna&#8230;<\/p>","protected":false},"author":12,"featured_media":24603,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[8489,97,6],"tags":[8631,8947,8948,402,397,320,337,8654],"class_list":["post-24601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arizona","category-food","category-success-stories","tag-arizona","tag-az","tag-bakery","tag-financing","tag-loan","tag-sba","tag-sba-504","tag-small-biz"],"acf":{"related_posts":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Jenna Leurquin Patisserie: With an SBA 504 Loan, a Bakery Owns Its Property | TMC Financing<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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