JM Fuel Hub
JM Fuel Hub is a gasoline station with convenience store business in Durand, IL, classified under NAICS 457110. It was financed with an SBA 7(a) loan for a change of ownership of $550,000, approved on September 16, 2026, by First Western SBLC, LLC d/b/a Peachtree Group.
SBA 7(a) loan, change of ownership, approved Sep 16, 2026
$550,000 approvedLender: First Western SBLC, LLC d/b/a Peachtree Group25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $550,000
- SBA-guaranteed amount
- $412,500 (75% of the approval)
- Lender
- First Western SBLC, LLC d/b/a Peachtree Group, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 16, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $4,336 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
- Bowen Oil Company (BP Amoco) Fuel Supply Agreement
- Project location
- Winnebago County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 3% 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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