Main Street Registry

Dhillon Mandi Investments, LLC

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

Dhillon Mandi Investments, LLC is a gasoline station with convenience store business in Clovis, CA, classified under NAICS 457110. The company financed real estate or equipment through an SBA 504 loan of $2,383,000, approved on October 31, 2023 through Community West Bank with Cen Cal Business Finance Group as the certified development company.

SBA 504 loan, approved Oct 31, 2023

$2,383,000 SBA portionCDC: Cen Cal Business Finance Group25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,383,000
Bank portion
$3,965,000
Estimated project size
$7,053,333 (estimated)
Estimated owner equity
$705,333 (estimated, about 10% of the project)
Bank lender
Community West Bank, Fresno, CA
CDC
Cen Cal Business Finance Group
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
October 31, 2048 (estimated, approval date plus term)
First disbursement
Jan 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
AM/PM Mini-Mart Agreement - ARCO Fuel - Contract Dealer Gasoline Agreement (Tesoro)
Project location
Fresno County, CA
SBA district office
Fresno District Office
Congressional district
CA-4
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 76% 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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Same industry in California