Main Street Registry

Pitstop Fuel & Market LLC

Pennock, MN · Gasoline Stations with Convenience Stores · NAICS 457110

Pitstop Fuel & Market LLC is a gasoline station with convenience store in Pennock, Minnesota, classified under NAICS 457110. The business was financed with an SBA 7(a) loan for a change of ownership of $729,000, approved on March 20, 2026 by Heritage Bank, National Association. The loan is associated with a franchise agreement with Dooley's Petroleum Inc. (Shell) and supports 6 jobs.

SBA 7(a) loan, change of ownership, approved Mar 20, 2026

$729,000 approvedLender: Heritage Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$729,000
SBA-guaranteed amount
$546,750 (75% of the approval)
Lender
Heritage Bank, National Association, Spicer, MN
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
March 20, 2051 (estimated, approval date plus term)
Estimated monthly payment
$5,993 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 16, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Dooley's Petroleum Inc. (Shell) Petroleum Product Supply Agreement
Project location
Kandiyohi County, MN
SBA district office
Minnesota District Office
Congressional district
MN-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 11% 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 Minnesota: $1,482,119.

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 Minnesota