Main Street Registry

National 1 Oil LLC

Milwaukee, WI · Gasoline Stations with Convenience Stores · NAICS 457110

National 1 Oil LLC is a gasoline station with convenience store business in Milwaukee, Wisconsin, operating in the industry classified as Gasoline Stations with Convenience Stores. The company financed real estate or equipment through an SBA 504 loan of $1,063,000, approved on April 16, 2025, with State Bank of Chilton as the lender and WBD, Inc. as the certified development company.

SBA 504 loan, approved Apr 16, 2025

$1,063,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,063,000
Bank portion
$1,482,500
Estimated project size
$2,828,333 (estimated)
Estimated owner equity
$282,833 (estimated, about 10% of the project)
Bank lender
State Bank of Chilton, Chilton, WI
CDC
WBD, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 16, 2050 (estimated, approval date plus term)
First disbursement
Oct 15, 2025
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Milwaukee County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-1
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 7% of expansion loans in Gasoline Stations with Convenience Stores on this site.
  • Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
  • Average expansion loan in Wisconsin: $2,095,135.

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 Wisconsin