Dhanya Enterprises Inc.
Dhanya Enterprises Inc. is a gasoline station with convenience store business in Loves Park, Illinois, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership, approved on September 25, 2025, for $1,700,900 through Merchants Bank of Indiana.
SBA 7(a) loan, change of ownership, approved Sep 25, 2025
$1,700,900 approvedLender: Merchants Bank of Indiana25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,700,900
- SBA-guaranteed amount
- $1,275,675 (75% of the approval)
- Lender
- Merchants Bank of Indiana, Carmel, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 25, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $15,456 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- World Fuel Services, Inc Wholesale Supply Agreement
- Project location
- Winnebago County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 46% 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 Illinois: $1,796,780.
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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