Rialto Gas Station and Car Wash
Rialto Gas Station and Car Wash is a gasoline station with a convenience store, located in Rialto, California, classified under NAICS code 457110. The business financed real estate or equipment through an SBA 504 loan of $3,915,000, approved on August 1, 2024, through Golden Bank National Association with Advantage Certified Development Corporation as the certified development company.
SBA 504 loan, approved Aug 1, 2024
$3,915,000 SBA portionCDC: Advantage Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,915,000
- Bank portion
- $5,465,000
- Estimated project size
- $10,422,222 (estimated)
- Estimated owner equity
- $1,042,222 (estimated, about 10% of the project)
- Bank lender
- Golden Bank National Association, Houston, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 1, 2049 (estimated, approval date plus term)
- First disbursement
- May 14, 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-31
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 94% 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 California: $2,161,468.
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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