Xtreme Power Gas, Food and Liquor LLC
Xtreme Power Gas, Food and Liquor LLC is a gasoline station with convenience store located in Atwater, California, in the gasoline stations with convenience stores industry. The company financed real estate or equipment through an SBA 504 loan of $1,025,000, with Bank of Stockton as the lender and Success Capital Expansion & Development Corporation as the certified development company, approved on November 8, 2024.
SBA 504 loan, approved Nov 8, 2024
$1,025,000 SBA portionCDC: Success Capital Expansion & Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,025,000
- Bank portion
- $1,416,800
- Estimated project size
- $2,713,111 (estimated)
- Estimated owner equity
- $271,311 (estimated, about 10% of the project)
- Bank lender
- Bank of Stockton, Stockton, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- November 8, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Individual
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- U.S. Oil (Marathon) Retailer Supply Agreement
- Project location
- Merced County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-16
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 2% of expansion loans in Gasoline Stations with Convenience Stores on this site.
- Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
- Average expansion loan in California: $2,161,468.
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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