Quick Gas and Food
Quick Gas and Food is a gasoline station with convenience store business located in Mount Pleasant, Texas, under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership totaling $597,000, approved on April 19, 2026, through US Metro Bank.
SBA 7(a) loan, change of ownership, approved Apr 19, 2026
$597,000 approvedLender: US Metro Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $597,000
- SBA-guaranteed amount
- $447,750 (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
- April 19, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $4,608 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 8, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Titus County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 4% 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 Texas: $1,944,682.
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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