RND Investments Inc.
RND Investments Inc. is a gasoline station with convenience store business located in Warfield, Kentucky, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership of $955,000, approved on August 18, 2025, through Community Trust Bank, Inc.
SBA 7(a) loan, change of ownership, approved Aug 18, 2025
$955,000 approvedLender: Community Trust Bank, Inc.20 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $955,000
- SBA-guaranteed amount
- $716,250 (75% of the approval)
- Lender
- Community Trust Bank, Inc., Pikeville, KY
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, variable
- Term
- 20 years (240 months)
- Estimated maturity
- August 18, 2045 (estimated, approval date plus term)
- Estimated monthly payment
- $7,693 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Martin County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 20% 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 Kentucky: $1,988,993.
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 Kentucky
- RND Investments Inc., Inez
- North South Truck Stop, Robards