Main Street Registry

Gas N Liquor Food Mart

Bakersfield, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Gas N Liquor Food Mart is a gasoline station with a convenience store, located in Bakersfield, California, under NAICS code 457110. The business has two SBA-backed loans: a 504 loan of $1,256,000 approved on July 31, 2025, which financed real estate or equipment through an SBA 504 loan, and a 7(a) loan of $661,000 approved on August 29, 2025, which was financed with an SBA 7(a) loan for a change of ownership.

SBA 7(a) loan, change of ownership, approved Aug 29, 2025

$661,000 approvedLender: East West Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$661,000
SBA-guaranteed amount
$495,750 (75% of the approval)
Lender
East West Bank, Pasadena, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
August 29, 2035 (estimated, approval date plus term)
Estimated monthly payment
$8,463 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Stuart's Petroleum (Mobil) Contract of Sale
Project location
Kern County, CA
SBA district office
Fresno District Office
Congressional district
CA-21
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 7% 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.

SBA 504 loan, approved Jul 31, 2025

$1,256,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,256,000
Bank portion
$1,770,000
Estimated project size
$3,362,222 (estimated)
Estimated owner equity
$336,222 (estimated, about 10% of the project)
Bank lender
East West Bank, Pasadena, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 31, 2050 (estimated, approval date plus term)
First disbursement
Dec 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Stuart's Petroleum (Mobil) Contract of Sale
Project location
Kern County, CA
SBA district office
Fresno District Office
Congressional district
CA-21
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 24% 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 California: $2,161,468.

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 California