Airport Petroleum, LLC
Airport Petroleum, LLC is a gasoline station with convenience store business in Stockton, California, classified under NAICS code 457110. The company financed real estate or equipment through an SBA 504 loan of $3,370,000, with Bank of Stockton as the lending bank and Advantage Certified Development Corporation as the certified development company, with approval dated August 1, 2025.
SBA 504 loan, approved Aug 1, 2025
$3,370,000 SBA portionCDC: Advantage Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,370,000
- Bank portion
- $6,485,000
- Estimated project size
- $10,950,000 (estimated)
- Estimated owner equity
- $1,095,000 (estimated, about 10% of the project)
- Bank lender
- Bank of Stockton, Stockton, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 1, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- San Joaquin County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-9
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 90% 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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