Enumclaw Market & Deli Inc
Enumclaw Market & Deli Inc, located in Enumclaw, Washington, operates in the gasoline stations with convenience stores industry. The business was financed with an SBA 7(a) loan for a change of ownership, with $1,125,000 approved by Southwestern National Bank on June 4, 2025.
SBA 7(a) loan, change of ownership, approved Jun 4, 2025
$1,125,000 approvedLender: Southwestern National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,125,000
- SBA-guaranteed amount
- $843,750 (75% of the approval)
- Lender
- Southwestern National Bank, Houston, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 4, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,557 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 26% 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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