Main Street Registry

MAB Real Estate, Inc.

Southfield, MI · Gasoline Stations with Convenience Stores · NAICS 457110

MAB Real Estate, Inc. of Southfield, Michigan operates in the gasoline stations with convenience stores industry (NAICS 457110). The company financed real estate or equipment through an SBA 504 loan of $1,386,000 approved on March 3, 2026, with Citizens State Bank as the lender and Michigan Certified Development Corporation as the certified development company.

SBA 504 loan, approved Mar 3, 2026

$1,386,000 SBA portionCDC: Michigan Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,386,000
Bank portion
$1,923,000
Estimated project size
$3,676,667 (estimated)
Estimated owner equity
$367,667 (estimated, about 10% of the project)
Bank lender
Citizens State Bank, Royal Oak, MI
CDC
Michigan Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 3, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Barrick Enterprises, Inc. (Multi-Brands) Sales Agreement and Security Agreement
Project location
Oakland County, MI
SBA district office
Michigan District Office
Congressional district
MI-9
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 30% of expansion loans in Gasoline Stations with Convenience Stores on this site.
  • Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
  • Average expansion loan in Michigan: $2,050,489.

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 Michigan