LRSM#2 Investment LLC
LRSM#2 Investment LLC is a gasoline station with convenience store business in Punta Gorda, Florida. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,610,000, approved by Byline Bank on September 28, 2026. The loan has a 300-month term and the company reported 8 jobs.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
$1,610,000 approvedLender: Byline Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,610,000
- SBA-guaranteed amount
- $1,207,500 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 28, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $14,067 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Charlotte County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 42% 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 Florida: $1,808,559.
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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