Sky High Investments LLC
Sky High Investments LLC is a gasoline station with convenience store business in Stanwood, WA, operating 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, approved on June 12, 2026, in the amount of $5,000,000 through New Millennium Bank. The loan is reported with 2 jobs and a franchise listed as Van De Pol Enterprises, Inc.
SBA 7(a) loan, change of ownership, approved Jun 12, 2026
$5,000,000 approvedLender: New Millennium Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- New Millennium Bank, Fort Lee, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 12, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $36,140 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- Van De Pol Enterprises, Inc. (Phillips66-76 Brand) Supply Agreeemnt
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 94% 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 Washington: $1,784,595.
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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