Main Street Registry

Tut Gas & Liquor Inc.

O Fallon, IL · Gasoline Stations with Convenience Stores · NAICS 457110

Tut Gas & Liquor Inc. is a gasoline station with convenience store business located in O Fallon, Illinois. The company was financed with an SBA 7(a) loan for a change of ownership of $2.28 million, approved by Byline Bank with an approval date of September 28, 2026.

SBA 7(a) loan, change of ownership, approved Sep 28, 2026

$2,280,000 approvedLender: Byline Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$2,280,000
SBA-guaranteed amount
$1,710,000 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
September 28, 2051 (estimated, approval date plus term)
Estimated monthly payment
$19,920 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
8
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Saint Clair County, IL
SBA district office
Illinois District Office
Congressional district
IL-12
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 62% 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 Illinois: $1,796,780.

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 Illinois