JSR Group 1 Inc
JSR Group 1 Inc is located in Sunnyside, WA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,908,500 for a change of ownership on September 30, 2024.
SBA 7(a) loan, change of ownership, approved Sep 30, 2024
- Gross approval
- $1,908,500
- SBA-guaranteed amount
- $1,431,375 (75% of the approval)
- Lender
- Readycap Lending, LLC, Berkeley Heights, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $17,343 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Yakima County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 53% 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 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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