Main Street Registry

Novox Petroleum Group Inc

Los Angeles, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Novox Petroleum Group Inc is located in Los Angeles, California, and operates in the gasoline stations with convenience stores industry (NAICS 457110). The company was financed with an SBA 7(a) loan for a change of ownership of $4.5 million, approved on May 13, 2026, by PCB Bank.

SBA 7(a) loan, change of ownership, approved May 13, 2026

$4,500,000 approvedLender: PCB Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,500,000
SBA-guaranteed amount
$3,375,000 (75% of the approval)
Lender
PCB Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
May 13, 2051 (estimated, approval date plus term)
Estimated monthly payment
$33,990 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 26, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-37
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 90% 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