Main Street Registry

Last Chance General Store

Island Park, ID · Gasoline Stations with Convenience Stores · NAICS 457110

Last Chance General Store is located in Island Park, ID, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $2,040,000 for a change of ownership on December 22, 2025.

SBA 7(a) loan, change of ownership, approved Dec 22, 2025

Gross approval
$2,040,000
SBA-guaranteed amount
$1,530,000 (75% of the approval)
Lender
US Metro Bank, Garden Grove, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
December 22, 2050 (estimated, approval date plus term)
Estimated monthly payment
$16,084 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 6, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Parkland USA Corporation – Motor Fuel Supply and Purchase Agreement (Texaco)
Project location
Fremont County, ID
SBA district office
Boise District Office
Congressional district
ID-02
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 Idaho