Main Street Registry

Harbor Business Ventures Inc.

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

Harbor Business Ventures Inc. is a gasoline station and convenience store business located in Cambria, California, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership of $1.5 million, approved on April 26, 2024, through United Business Bank.

SBA 7(a) loan, change of ownership, approved Apr 26, 2024

$1,500,000 approvedLender: United Business Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,500,000
SBA-guaranteed amount
$1,125,000 (75% of the approval)
Lender
United Business Bank, Walnut Creek, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
April 26, 2034 (estimated, approval date plus term)
Estimated monthly payment
$19,001 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
San Luis Obispo County, CA
SBA district office
Fresno District Office
Congressional district
CA-24
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 38% 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.

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Same industry in California