Main Street Registry

Shivjot LLC

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

Shivjot LLC is located in Tenino, WA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,631,500 for a change of ownership on April 24, 2024.

SBA 7(a) loan, change of ownership, approved Apr 24, 2024

Gross approval
$1,631,500
SBA-guaranteed amount
$1,223,625 (75% of the approval)
Lender
Readycap Lending, LLC, Berkeley Heights, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
April 24, 2049 (estimated, approval date plus term)
Estimated monthly payment
$14,825 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 7, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Wilson Oil, Inc. Contract of Sale (Branded) Dealer Operating Agreement
Project location
Thurston 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