Main Street Registry

1st Ave Great Falls MT LLC

Great Falls, MT · Gasoline Stations with Convenience Stores · NAICS 457110

1st Ave Great Falls MT LLC is a gasoline station with convenience store business in Great Falls, Montana, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership of $703,500, approved on December 9, 2024, through Wallis Bank.

SBA 7(a) loan, change of ownership, approved Dec 9, 2024

$703,500 approvedLender: Wallis Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$703,500
SBA-guaranteed amount
$527,625 (75% of the approval)
Lender
Wallis Bank, Wallis, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
December 9, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,200 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Cascade County, MT
SBA district office
Montana District Office
Congressional district
MT-00
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 10% of acquisition loans in Gasoline Stations with Convenience Stores on this site.
  • Average acquisition loan in Gasoline Stations with Convenience Stores: $2,177,273.
  • Average acquisition loan in Montana: $1,680,827.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Montana