Main Street Registry

Seaview Texaco

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

Seaview Texaco is located in Seaview, WA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $2,415,000 for a change of ownership on November 9, 2023.

SBA 7(a) loan, change of ownership, approved Nov 9, 2023

Gross approval
$2,415,000
SBA-guaranteed amount
$1,811,250 (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
10.75%, variable
Term
25 years (300 months)
Estimated maturity
November 9, 2048 (estimated, approval date plus term)
Estimated monthly payment
$23,235 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 22, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Wilson Oil, Inc. Contract of Sale (Branded) Dealer Operating Agreement
Project location
Pacific County, WA
SBA district office
Seattle District Office
Congressional district
WA-03
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