Discount Gas Grocery & Liquor
Discount Gas Grocery & Liquor is a gasoline station with convenience store business in Vallejo, California, classified under NAICS 457110. The company was financed with an SBA 7(a) loan for a change of ownership, approved on September 18, 2025, with Open Bank as the lender and a loan amount of $976,000.
SBA 7(a) loan, change of ownership, approved Sep 18, 2025
$976,000 approvedLender: Open Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $976,000
- SBA-guaranteed amount
- $732,000 (75% of the approval)
- Lender
- Open Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 18, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,629 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- Van De Pol Enterprises, Inc. (Marathon) Supply Agreement
- Project location
- Solano County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 21% 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 California: $1,688,228.
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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