Main Street Registry

Ghassan N Ahmed (Wasco)

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

Ghassan N Ahmed (Wasco) is a gasoline station with convenience store business located in Wasco, CA. The company financed real estate or equipment through an SBA 504 loan of $1,102,000, approved on June 26, 2025, with First-Citizens Bank & Trust Company as the bank partner and Advantage Certified Development Corporation as the certified development company.

SBA 504 loan, approved Jun 26, 2025

$1,102,000 SBA portionCDC: Advantage Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,102,000
Bank portion
$1,690,000
Estimated project size
$3,102,222 (estimated)
Estimated owner equity
$310,222 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Advantage Certified Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
June 26, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
4
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Kern County, CA
SBA district office
Fresno District Office
Congressional district
CA-21
Collateral
Yes

Estimated share of project by source

Bank 54% SBA (CDC) 36% Owner 10%

  • Larger than 15% 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