7Hills Monroe, LLC
7Hills Monroe, LLC is located in Monroe, GA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $535,000 for a change of ownership on March 31, 2026.
SBA 7(a) loan, change of ownership, approved Mar 31, 2026
- Gross approval
- $535,000
- SBA-guaranteed amount
- $401,250 (75% of the approval)
- Lender
- First Community Bank, Lexington, SC
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 31, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,562 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- Jones Petroleum Company, Inc. - Petroleum Product Supply Agreement
- Project location
- Walton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 3% 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 Georgia: $2,017,638.
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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