Main Street Registry

Friendship Joint Investment LLC

Fouke, AR · Gasoline Stations with Convenience Stores · NAICS 457110

Friendship Joint Investment LLC is a gasoline station with convenience store business in Fouke, Arkansas, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership totaling $929,000, approved on March 26, 2025, through Metro City Bank.

SBA 7(a) loan, change of ownership, approved Mar 26, 2025

$929,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$929,000
SBA-guaranteed amount
$696,750 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
March 26, 2050 (estimated, approval date plus term)
Estimated monthly payment
$7,638 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Miller County, AR
SBA district office
Arkansas District Office
Congressional district
AR-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 18% 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 Arkansas: $2,003,702.

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 Arkansas