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Aarlene OK LLC

Sallisaw, OK · Gasoline Stations with Convenience Stores · NAICS 457110

Aarlene OK LLC is located in Sallisaw, OK, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,587,000 for a change of ownership on September 20, 2024.

SBA 7(a) loan, change of ownership, approved Sep 20, 2024

Gross approval
$1,587,000
SBA-guaranteed amount
$1,190,250 (75% of the approval)
Lender
T Bank, National Association, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
September 20, 2049 (estimated, approval date plus term)
Estimated monthly payment
$14,421 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Sequoyah County, OK
SBA district office
Oklahoma District Office
Congressional district
OK-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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 Oklahoma