Main Street Registry

Coal Creek Market

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

Coal Creek Market is a gasoline station with convenience store business in Newcastle, Washington, operating under an Arco (BP) contract dealer gasoline agreement. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $5 million, approved by PCB Bank with a date of September 10, 2026.

SBA 7(a) loan, change of ownership, approved Sep 10, 2026

$5,000,000 approvedLender: PCB Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
PCB 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 10, 2051 (estimated, approval date plus term)
Estimated monthly payment
$37,766 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
11
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Arco (BP) Contract Dealer Gasoline Agreement
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 94% 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 Washington: $1,784,595.

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 Washington