Main Street Registry

Eazy Stop Bait and Tackle LLC

Mcalester, OK · Gasoline Stations with Convenience Stores · NAICS 457110

Eazy Stop Bait and Tackle LLC is a gasoline station with convenience store business in McAlester, Oklahoma, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership, approved on August 15, 2024, in the amount of $1,122,000 through T Bank, National Association.

SBA 7(a) loan, change of ownership, approved Aug 15, 2024

$1,122,000 approvedLender: T Bank, National Association299 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,122,000
SBA-guaranteed amount
$841,500 (75% of the approval)
Lender
T Bank, National Association, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
24 years, 11 months (299 months)
Estimated maturity
July 15, 2049 (estimated, approval date plus term)
Estimated monthly payment
$10,203 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 9, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Pittsburg County, OK
SBA district office
Oklahoma District Office
Congressional district
OK-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 25% 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 Oklahoma: $1,861,759.

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 Oklahoma