3805 Midland Enterprises Inc
3805 Midland Enterprises Inc is a gasoline station with convenience store business in Ogden, Utah, classified under NAICS 457110. The company was financed with an SBA 7(a) loan for a change of ownership, approved on March 31, 2026, in the amount of $1,661,600 through America First Federal Credit Union. The business operates under a franchise agreement with ExtraMile Convenience Stores, LLC.
SBA 7(a) loan, change of ownership, approved Mar 31, 2026
$1,661,600 approvedLender: America First Federal Credit Union25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,661,600
- SBA-guaranteed amount
- $1,246,200 (75% of the approval)
- Lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 31, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $12,010 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 21, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- ExtraMile Convenience Stores, LLC - Franchise Agreement
- Project location
- Weber County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 45% 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 Utah: $1,761,092.
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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