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Ssb West Linn LLC

West Linn, OR · Gasoline Stations with Convenience Stores · NAICS 457110

Ssb West Linn LLC is located in West Linn, OR, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $2,190,600 for a change of ownership on February 6, 2024.

SBA 7(a) loan, change of ownership, approved Feb 6, 2024

Gross approval
$2,190,600
SBA-guaranteed amount
$1,642,950 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
25 years (300 months)
Estimated maturity
February 6, 2049 (estimated, approval date plus term)
Estimated monthly payment
$20,683 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 22, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Clackamas County, OR
SBA district office
Portland District Office
Congressional district
OR-05
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 Oregon