Main Street Registry

Great Falls Investments MT LLC

Jamestown, ND · Gasoline Stations with Convenience Stores · NAICS 457110

Great Falls Investments MT LLC, located in Jamestown, ND, operates in the gasoline stations with convenience stores industry (NAICS 457110). The company was financed with an SBA 7(a) loan for a change of ownership of $1.6 million, approved on June 5, 2024 by Wallis Bank. The loan was reported with 8 jobs.

SBA 7(a) loan, change of ownership, approved Jun 5, 2024

$1,596,500 approvedLender: Wallis Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,596,500
SBA-guaranteed amount
$1,197,375 (75% of the approval)
Lender
Wallis Bank, Wallis, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
June 5, 2034 (estimated, approval date plus term)
Estimated monthly payment
$21,542 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Stutsman County, ND
SBA district office
North Dakota District Office
Congressional district
ND-00
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 40% 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 North Dakota: $1,899,142.

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 North Dakota