Main Street Registry

Fastlane Station

Chesterfield, MI · Gasoline Stations with Convenience Stores · NAICS 457110

Fastlane Station, located in Chesterfield, Michigan, operates in the gasoline stations with convenience stores industry (NAICS 457110) and is a franchised dealer under a supply agreement with High Pointe Oil Company, Inc (Shell).

SBA 504 loan, approved Aug 18, 2025

$1,082,000 SBA portionCDC: Great Lakes Commercial Finance25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,082,000
Bank portion
$1,500,000
Estimated project size
$2,868,889 (estimated)
Estimated owner equity
$286,889 (estimated, about 10% of the project)
Bank lender
Community Choice CU, Farmington Hills, MI
CDC
Great Lakes Commercial Finance
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 18, 2050 (estimated, approval date plus term)
First disbursement
Nov 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
High Pointe Oil Company, Inc (Shell) Franchised Dealer Supply Agreement
Project location
Macomb County, MI
SBA district office
Michigan District Office
Congressional district
MI-10
Collateral
Yes

Estimated share of project by source

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

  • Larger than 10% 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 Michigan: $2,050,489.

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 Michigan