Royal 84 Mart LLC
Royal 84 Mart LLC is a gasoline station with convenience store business located in New Britain, Connecticut, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership of $1,002,700, approved on March 2, 2026, by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Mar 2, 2026
- Gross approval
- $1,002,700
- SBA-guaranteed amount
- $752,025 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 2, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $8,244 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Capitol County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 23% 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 Connecticut: $1,992,959.
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 Connecticut
- Phillips 66, Moosup