Airport Gas N Grab LLC
Airport Gas N Grab LLC is a gasoline station with convenience store operations located in Bakersfield, California. The business was financed with an SBA 7(a) loan for a change of ownership, approved for $5 million from Celtic Bank Corporation on May 11, 2026. The loan is associated with a franchise or supply arrangement with World Fuel Services Inc. and is reported with 9 jobs.
SBA 7(a) loan, change of ownership, approved May 11, 2026
$5,000,000 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (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
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 11, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $41,107 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- World Fuel Services Inc. - Wholesale Supply Agreement
- Project location
- Kern County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-21
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 94% 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 California: $1,688,228.
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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