Main Street Registry

Blue Ridge Business LLC

Blue Ridge, TX · Gasoline Stations with Convenience Stores · NAICS 457110

Blue Ridge Business LLC, located in Blue Ridge, Texas, operates in the gasoline stations with convenience stores industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2.32 million, approved on September 28, 2026 through Open Bank.

SBA 7(a) loan, change of ownership, approved Sep 28, 2026

$2,320,000 approvedLender: Open Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$2,320,000
SBA-guaranteed amount
$1,740,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
September 28, 2051 (estimated, approval date plus term)
Estimated monthly payment
$17,524 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
4
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Collin County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 63% 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 Texas: $1,944,682.

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 Texas