Main Street Registry

Corner Fuel & Food

Seguin, TX · Gasoline Stations with Convenience Stores · NAICS 457110

Corner Fuel & Food is a gasoline station with convenience store business in Seguin, Texas, classified under NAICS 457110. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $515,000, approved on June 16, 2025, through Hanmi Bank.

SBA 7(a) loan, change of ownership, approved Jun 16, 2025

$515,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$515,000
SBA-guaranteed amount
$386,250 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
June 16, 2050 (estimated, approval date plus term)
Estimated monthly payment
$4,322 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Guadalupe County, TX
SBA district office
San Antonio District Office
Congressional district
TX-15
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 1% 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