Main Street Registry

Broadway Marathon

Everett, WA · Gasoline Stations with Convenience Stores · NAICS 457110

Broadway Marathon is located in Everett, WA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $2,147,500 for a change of ownership on January 6, 2025.

SBA 7(a) loan, change of ownership, approved Jan 6, 2025

Gross approval
$2,147,500
SBA-guaranteed amount
$1,610,625 (75% of the approval)
Lender
Mountain Pacific Bank, Everett, WA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
January 6, 2050 (estimated, approval date plus term)
Estimated monthly payment
$17,292 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 7, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Individual
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
S.A.S. Petroleum, Inc. (Marathon) Retail Sales Agreement
Project location
Snohomish County, WA
SBA district office
Seattle District Office
Congressional district
WA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Washington