Main Street Registry

Main Street Gas Liquor Mart

Hesperia, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Main Street Gas Liquor Mart in Hesperia, California operates in the gasoline stations with convenience stores industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $3.92 million, approved on April 21, 2025 through lender Open Bank.

SBA 7(a) loan, change of ownership, approved Apr 21, 2025

$3,920,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,920,000
SBA-guaranteed amount
$2,940,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
April 21, 2050 (estimated, approval date plus term)
Estimated monthly payment
$32,228 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 22, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 86% 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 California: $1,688,228.

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 California