Main Street Registry

Dipali Patel and Nikhilkumar Patel

Gainesville, FL · Gasoline Stations with Convenience Stores · NAICS 457110

Dipali Patel and Nikhilkumar Patel is a gasoline station with convenience store business in Gainesville, Florida, classified under NAICS code 457110. The company financed real estate or equipment through an SBA 504 loan approved on October 3, 2024, with Florida CU as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Oct 3, 2024

$1,055,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,055,000
Bank portion
$1,470,000
Estimated project size
$2,805,556 (estimated)
Estimated owner equity
$280,556 (estimated, about 10% of the project)
Bank lender
Florida CU, Gainesville, FL
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 3, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Individual
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Alachua County, FL
SBA district office
North Florida District Office
Congressional district
FL-3
Collateral
Yes

Estimated share of project by source

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

  • Larger than 6% 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 Florida: $2,058,496.

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 Florida