Havana Fuels, Inc.
Havana Fuels, Inc. is a gasoline station with convenience store business in Havana, Illinois, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership of $1.7 million, provided by Citizens Bank, with approval dated September 30, 2026.
SBA 7(a) loan, change of ownership, approved Sep 30, 2026
$1,675,400 approvedLender: Citizens Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,675,400
- SBA-guaranteed amount
- $1,256,550 (75% of the approval)
- Lender
- Citizens Bank, Elizabethton, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $12,931 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- World Fuel Services Inc. - Wholesale Supply Agreement
- Project location
- Mason County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 45% 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 Illinois: $1,796,780.
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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