Main Street Registry

Civic Center Chevron

Fremont, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Civic Center Chevron is located in Fremont, CA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,600,000 for a change of ownership on July 30, 2024. This registry lists 2 loans for the company.

SBA 7(a) loan, change of ownership, approved Jul 30, 2024

Gross approval
$1,600,000
SBA-guaranteed amount
$1,200,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
July 30, 2034 (estimated, approval date plus term)
Estimated monthly payment
$21,366 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Alameda County, CA
SBA district office
San Francisco District Office
Congressional district
CA-15
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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.

SBA 504 loan, approved Jun 12, 2024

SBA (CDC) portion
$2,546,000
Bank portion
$3,552,800
Estimated project size
$6,776,444 (estimated)
Estimated owner equity
$677,644 (estimated, about 10% of the project)
Bank lender
Open Bank, Los Angeles, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 12, 2049 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Alameda County, CA
SBA district office
San Francisco District Office
Congressional district
CA-15
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

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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Same industry in California