Keith & Aria Corp
Keith & Aria Corp is located in Mechanic Falls, ME, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $3,200,000 for a change of ownership on November 7, 2024.
SBA 7(a) loan, change of ownership, approved Nov 7, 2024
- Gross approval
- $3,200,000
- SBA-guaranteed amount
- $2,400,000 (75% of the approval)
- Lender
- Customers Bank, Malvern, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 16 years, 6 months (198 months)
- Estimated maturity
- May 7, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $32,062 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 10, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Androscoggin County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 77% 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 Maine: $1,448,582.
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 Maine
- Shiv Inc. dba Deb's Variety Store & Gas Sales, Winterport