Main Street Registry

Harikrishna Maharaj 1 LLC

Asheboro, NC · Gasoline Stations with Convenience Stores · NAICS 457110

Harikrishna Maharaj 1 LLC is a gasoline station with convenience store business in Asheboro, North Carolina, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,465,700, approved on March 2, 2025, through Truliant FCU.

SBA 7(a) loan, change of ownership, approved Mar 2, 2025

$1,465,700 approvedLender: Truliant FCU25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,465,700
SBA-guaranteed amount
$1,099,275 (75% of the approval)
Lender
Truliant FCU, Winston-Salem, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
March 2, 2050 (estimated, approval date plus term)
Estimated monthly payment
$12,300 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 19, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Randolph County, NC
SBA district office
North Carolina District Office
Congressional district
NC-13
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 37% 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 Carolina: $1,952,444.

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 Carolina