Bhullar Company Kennewick LLC
Bhullar Company Kennewick LLC is a gasoline station with convenience store business in Kennewick, Washington, classified under NAICS code 457110. The business was financed with an SBA 7(a) loan for a change of ownership of $2.67 million, with a lender of Readycap Lending, LLC and an approval date of July 25, 2025.
SBA 7(a) loan, change of ownership, approved Jul 25, 2025
$2,667,500 approvedLender: Readycap Lending, LLC299 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,667,500
- SBA-guaranteed amount
- $2,000,625 (75% of the approval)
- Lender
- Readycap Lending, LLC, Berkeley Heights, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 24 years, 11 months (299 months)
- Estimated maturity
- June 25, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $22,406 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Benton County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 71% 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 Washington: $1,784,595.
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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