Main Street Registry

Jyotlaxmi, Inc.

Goldsboro, NC · Gasoline Stations with Convenience Stores · NAICS 457110

Jyotlaxmi, Inc. is located in Goldsboro, NC, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $930,000 for a change of ownership on May 11, 2026.

SBA 7(a) loan, change of ownership, approved May 11, 2026

Gross approval
$930,000
SBA-guaranteed amount
$697,500 (75% of the approval)
Lender
Select Bank, Forest, VA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.25%, variable
Term
25 years (300 months)
Estimated maturity
May 11, 2051 (estimated, approval date plus term)
Estimated monthly payment
$6,722 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 2, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Tiger Fuel Company (Marathon, Exxon/Mobil, Citgo, BP/Amoco) Complete Contract of Sale
Project location
Wayne County, NC
SBA district office
North Carolina District Office
Congressional district
NC-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 North Carolina