Main Street Registry

SBG Friends LLC

Mckenna, WA · Gasoline Stations with Convenience Stores · NAICS 457110

SBG Friends LLC, located in Mckenna, WA, operates in the gasoline stations with convenience stores industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,452,000, approved on November 24, 2025 by Southwestern National Bank.

SBA 7(a) loan, change of ownership, approved Nov 24, 2025

$1,452,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,452,000
SBA-guaranteed amount
$1,089,000 (75% of the approval)
Lender
Southwestern National Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
November 24, 2050 (estimated, approval date plus term)
Estimated monthly payment
$11,692 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 22, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
World Fuel Services Inc. - Wholesale Supply Agreement
Project location
Pierce County, WA
SBA district office
Seattle District Office
Congressional district
WA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 37% 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 Washington: $1,784,595.

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