Dresden Tj Market Inc
Dresden Tj Market Inc is located in Dresden, TN, and is classified under the industry of gasoline stations with convenience stores. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,027,100, approved on September 28, 2026 by First Merchants Bank.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
$2,027,100 approvedLender: First Merchants Bank304 months termCommitted, not fully disbursedLoan details
- Gross approval
- $2,027,100
- SBA-guaranteed amount
- $1,520,325 (75% of the approval)
- Lender
- First Merchants Bank, Indianapolis, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 25 years, 4 months (304 months)
- Estimated maturity
- January 28, 2052 (estimated, approval date plus term)
- Estimated monthly payment
- $17,302 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
- Project location
- Weakley County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 56% 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 Tennessee: $1,738,925.
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 Tennessee
- Dresden Q Mart Inc, Dresden