Dnh Petroleum LLC
Dnh Petroleum LLC, located in Vancouver, WA, operates in the gasoline stations with convenience stores industry (NAICS 457110). The company was financed with an SBA 7(a) loan for a change of ownership totaling $2,186,500, approved on August 20, 2024, through Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Aug 20, 2024
$2,186,500 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,186,500
- SBA-guaranteed amount
- $1,639,875 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 20, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $20,255 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Clark County, WA
- SBA district office
- Portland District Office
- Congressional district
- WA-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 60% 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 Washington: $1,784,595.
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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