Main Street Registry

Ghuman 13 Investments, LLC

North Bend, OR · Convenience Retailers · NAICS 445131

Ghuman 13 Investments, LLC is a convenience retailer located in North Bend, Oregon, classified under NAICS code 445131. The company was financed with an SBA 7(a) loan for a change of ownership totaling $842,000, approved on March 12, 2024, through The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Mar 12, 2024

$842,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$842,000
SBA-guaranteed amount
$631,500 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.99%, fixed
Term
25 years (300 months)
Estimated maturity
March 12, 2049 (estimated, approval date plus term)
Estimated monthly payment
$7,060 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 20, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
445131, Convenience Retailers
Project location
Coos County, OR
SBA district office
Portland District Office
Congressional district
OR-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 44% of acquisition loans in Convenience Retailers on this site.
  • Average acquisition loan in Convenience Retailers: $1,185,102.
  • Average acquisition loan in Oregon: $1,946,167.

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 Oregon