Aki Investment Group LLC
Aki Investment Group LLC is a gasoline station with convenience store business in Durham, NC. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,584,000, approved on September 4, 2024, through TowneBank and the Business Expansion Funding Corporation.
SBA 504 loan, approved Sep 4, 2024
$1,584,000 SBA portionCDC: Business Expansion Funding Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,584,000
- Bank portion
- $2,207,000
- Estimated project size
- $4,212,222 (estimated)
- Estimated owner equity
- $421,222 (estimated, about 10% of the project)
- Bank lender
- TowneBank, Portsmouth, VA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 4, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Durham County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-4
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 38% of expansion loans in Gasoline Stations with Convenience Stores on this site.
- Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
- Average expansion loan in North Carolina: $2,167,577.
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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