Ghuman 13 Investments, LLC
Ghuman 13 Investments, LLC is a convenience retailer located in North Bend, Oregon, classified under NAICS code 445131. The company was financed with an SBA 7(a) loan for a change of ownership totaling $842,000, approved on March 12, 2024, through The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Mar 12, 2024
$842,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $842,000
- SBA-guaranteed amount
- $631,500 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.99%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- March 12, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $7,060 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 20, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Coos County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 44% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- Average acquisition loan in Oregon: $1,946,167.
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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