Npig Maysville LLC
Npig Maysville LLC is a gasoline station with convenience store business in Maysville, OK. It was financed with an SBA 7(a) loan for a change of ownership of $1.275 million, approved by Metro City Bank on April 24, 2025.
SBA 7(a) loan, change of ownership, approved Apr 24, 2025
$1,275,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,275,000
- SBA-guaranteed amount
- $956,250 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 24, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $10,267 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Garvin County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 31% 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 Oklahoma: $1,861,759.
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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