Manning Truck Stop Inc.
Manning Truck Stop Inc. is located in Fowler, CA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $975,000 for a change of ownership on March 25, 2025.
SBA 7(a) loan, change of ownership, approved Mar 25, 2025
- Gross approval
- $975,000
- SBA-guaranteed amount
- $731,250 (75% of the approval)
- Lender
- Commonwealth Business Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,616 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Fresno County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-21
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 20% 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 California: $1,688,228.
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
- Hemet Plaza Inc, Hemet
- Hydesville Petroleum Inc., Hydesville
- SMP Chino, Chino
- SNJ Kwik Stop, Shafter
- Fuel Hub Inc, San Bernardino
- Premier Gas 3 LLC, Agoura Hills
- Arrowhead Fuel LLC, Lake Arrowhead
- More for Less, Red Bluff