Main Street Registry

Silver Springs Sunoco

Silver Springs, FL · Gasoline Stations with Convenience Stores · NAICS 457110

Silver Springs Sunoco is located in Silver Springs, FL, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $709,000 for a change of ownership on June 27, 2024.

SBA 7(a) loan, change of ownership, approved Jun 27, 2024

Gross approval
$709,000
SBA-guaranteed amount
$531,750 (75% of the approval)
Lender
First Western SBLC, LLC d/b/a Peachtree Group, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
25 years (300 months)
Estimated maturity
June 27, 2049 (estimated, approval date plus term)
Estimated monthly payment
$6,318 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Southeast Petro Distributors, Inc. - Dealer Supply Agreement
Project location
Marion County, FL
SBA district office
North Florida District Office
Congressional district
FL-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 Florida