Main Street Registry

Trust Waheguru LLC

Aberdeen, WA · Convenience Retailers · NAICS 445131

Trust Waheguru LLC is a convenience retail business in Aberdeen, Washington, classified under NAICS 445131 (Convenience Retailers). The company was financed with an SBA 7(a) loan for a change of ownership of $1,171,000, approved on March 1, 2024 by Readycap Lending, LLC.

SBA 7(a) loan, change of ownership, approved Mar 1, 2024

$1,171,000 approvedLender: Readycap Lending, LLC25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,171,000
SBA-guaranteed amount
$878,250 (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
March 1, 2049 (estimated, approval date plus term)
Estimated monthly payment
$10,641 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 27, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
445131, Convenience Retailers
Project location
Grays Harbor County, WA
SBA district office
Seattle District Office
Congressional district
WA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 62% of acquisition loans in Convenience Retailers on this site.
  • Average acquisition loan in Convenience Retailers: $1,185,102.
  • 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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Same industry in Washington