Main Street Registry

Sequoia Travel Center Inc

Tipton, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Sequoia Travel Center Inc, located in Tipton, California, operates in the gasoline stations with convenience stores industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,983,000, approved on January 8, 2025, through Advantage Certified Development Corporation with The Bancorp Bank National Association as the partner lender.

SBA 504 loan, approved Jan 8, 2025

$1,983,000 SBA portionCDC: Advantage Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,983,000
Bank portion
$2,765,000
Estimated project size
$5,275,556 (estimated)
Estimated owner equity
$527,556 (estimated, about 10% of the project)
Bank lender
The Bancorp Bank National Association, Sioux Falls, SD
CDC
Advantage Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 8, 2050 (estimated, approval date plus term)
First disbursement
Aug 13, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Tulare County, CA
SBA district office
Fresno District Office
Congressional district
CA-21
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 56% of expansion loans in Gasoline Stations with Convenience Stores on this site.
  • Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
  • Average expansion loan in California: $2,161,468.

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 California