J&c Wa, LLC
J&c Wa, LLC is a convenience retail business in Everett, Washington, in the convenience retailers industry (NAICS 445131). The company was financed with an SBA 7(a) loan for a change of ownership of $604,000, approved on July 24, 2025 by American Continental Bank.
SBA 7(a) loan, change of ownership, approved Jul 24, 2025
$604,000 approvedLender: American Continental Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $604,000
- SBA-guaranteed amount
- $453,000 (75% of the approval)
- Lender
- American Continental Bank, City of Industry, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,816 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 5, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 16% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- Average acquisition loan in Washington: $1,784,595.
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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