Diamond Gas & Deli Inc
Diamond Gas & Deli Inc is a gasoline station with a convenience store in Black Diamond, Washington. The company was financed with an SBA 7(a) loan for a change of ownership of $2,865,900 approved by Celtic Bank Corporation on September 23, 2026.
SBA 7(a) loan, change of ownership, approved Sep 23, 2026
$2,865,900 approvedLender: Celtic Bank Corporation25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,865,900
- SBA-guaranteed amount
- $2,149,425 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $22,596 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- Don Small and Sons Oil Distributor Co. (Phillips 66 - 76 - Conoco - Sinclair - Marathon) Product Sales 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 73% 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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