Main Street Registry

Elko Food Mart

Elko, NV · Gasoline Stations with Convenience Stores · NAICS 457110

Elko Food Mart is a gasoline station with a convenience store in Elko, Nevada, classified under NAICS 457110. The business was financed with an SBA 7(a) loan for a change of ownership, with an approved loan amount of $2.2 million from Open Bank, dated September 24, 2026. The loan has a 300-month term and is associated with a branded franchise agreement with Offen Petroleum, LLC (Gulf).

SBA 7(a) loan, change of ownership, approved Sep 24, 2026

$2,205,000 approvedLender: Open Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$2,205,000
SBA-guaranteed amount
$1,653,750 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
September 24, 2051 (estimated, approval date plus term)
Estimated monthly payment
$17,385 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
2
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Offen Petroleum, LLC (Gulf) - Retailer Products Sales Agreement - Branded
Project location
Elko County, NV
SBA district office
Nevada District Office
Congressional district
NV-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
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 Nevada: $1,617,910.

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 Nevada