Main Street Registry

S&v LLC

Moses Lake, WA · Gasoline Stations with Convenience Stores · NAICS 457110

S&v LLC is located in Moses Lake, WA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,633,000 for a change of ownership on January 29, 2025.

SBA 7(a) loan, change of ownership, approved Jan 29, 2025

Gross approval
$1,633,000
SBA-guaranteed amount
$1,224,750 (75% of the approval)
Lender
Readycap Lending, LLC, Berkeley Heights, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
January 29, 2050 (estimated, approval date plus term)
Estimated monthly payment
$13,985 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 28, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Grant County, WA
SBA district office
Seattle District Office
Congressional district
WA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Washington