Main Street Registry

K7 Investments LLC

Clifton, TX · Gasoline Stations with Convenience Stores · NAICS 457110

K7 Investments LLC is a gasoline station and convenience store business located in Clifton, Texas, classified under NAICS code 457110. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $800,000 approved through Metro City Bank on May 1, 2025.

SBA 7(a) loan, change of ownership, approved May 1, 2025

$800,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$800,000
SBA-guaranteed amount
$600,000 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
May 1, 2050 (estimated, approval date plus term)
Estimated monthly payment
$6,577 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 22, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Bosque County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-25
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 14% 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 Texas: $1,944,682.

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 Texas