Chevron Food Mart
Chevron Food Mart is located in Bakersfield, CA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 504 loan ($1,992,000 SBA portion) on April 21, 2025 to finance real estate or equipment. This registry lists 2 loans for the company.
- Business type
- Corporation
- Business age reported
- Change of Ownership
- Franchise
- Chevron - Retail Supply Contract
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| Apr 11, 2025 | $1,127,500 | $845,625 | East West Bank | 10 years | 9.25% variable | 8 | Status not reported (SBA exemption) |
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Apr 21, 2025 | $1,992,000 | $2,443,800 | $4,928,667 (estimated) | East West Bank | The Mortgage Capital Development Corporation | 25 years | 8 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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