Main Street Registry

Sekha8 Investments LLC

Williams, AZ · Gasoline Stations with Convenience Stores · NAICS 457110

Sekha8 Investments LLC, located in Williams, AZ, operates in the gasoline stations with convenience stores industry (NAICS 457110). The company was financed with an SBA 7(a) loan for a change of ownership of $2.47 million, approved on January 31, 2024 by Celtic Bank Corporation.

SBA 7(a) loan, change of ownership, approved Jan 31, 2024

$2,470,000 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,470,000
SBA-guaranteed amount
$1,852,500 (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
January 31, 2049 (estimated, approval date plus term)
Estimated monthly payment
$23,764 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Coconino County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 66% 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 Arizona: $1,690,811.

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 Arizona