Main Street Registry

Bonita Gas and Carwash

San Dimas, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Bonita Gas and Carwash, located in San Dimas, California, is classified under the industry Gasoline Stations with Convenience Stores (NAICS 457110). The business financed real estate or equipment through an SBA 504 loan of $2,805,000, approved on February 22, 2024, through Advantage Certified Development Corporation with Grasshopper Bank National Association as the participating lender.

SBA 504 loan, approved Feb 22, 2024

$2,805,000 SBA portionCDC: Advantage Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,805,000
Bank portion
$3,911,179
Estimated project size
$7,462,421 (estimated)
Estimated owner equity
$746,242 (estimated, about 10% of the project)
Bank lender
Grasshopper Bank National Association, New York, NY
CDC
Advantage Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 22, 2049 (estimated, approval date plus term)
First disbursement
Jul 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Truman Arnold Companies (Sinclair) Sinclair Dealer Marketing Agreement
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-27
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 83% 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 California: $2,161,468.

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 California