Shivansh Inc
Shivansh Inc is located in Preston Park, PA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,880,000 for a change of ownership on April 23, 2025.
SBA 7(a) loan, change of ownership, approved Apr 23, 2025
- Gross approval
- $1,880,000
- SBA-guaranteed amount
- $1,410,000 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 23, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $15,456 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Wayne County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 51% 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 Pennsylvania: $1,636,965.
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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