Nita, Inc
Nita, Inc, located in Camano Island, WA, operates in the gasoline stations with convenience stores industry (NAICS 457110). The company was financed with an SBA 7(a) loan for a change of ownership, with $2.8 million approved by US Metro Bank on December 30, 2025. The loan supports 7 jobs and is associated with a franchise agreement with PetroCard Inc. (Branded Dealer).
SBA 7(a) loan, change of ownership, approved Dec 30, 2025
$2,800,000 approvedLender: US Metro Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,800,000
- SBA-guaranteed amount
- $2,100,000 (75% of the approval)
- Lender
- US Metro Bank, Garden Grove, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- December 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $21,611 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- PetroCard Inc. (Branded Dealer) Sales ContractÂ
- Project location
- Island County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% 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 Washington: $1,784,595.
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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