Main Street Registry

JKG Petroleum Inc.

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

JKG Petroleum Inc. is located in Concord, CA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on May 19, 2026.

SBA 7(a) loan, change of ownership, approved May 19, 2026

Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
Southwestern National Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
May 19, 2051 (estimated, approval date plus term)
Estimated monthly payment
$37,766 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 29, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
California Fuel Supply, Inc (Phillips 66 Company Brand) Brand Retailer Agreement
Project location
Contra Costa County, CA
SBA district office
San Francisco District Office
Congressional district
CA-11
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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