Outdoorsmen Pro Shop Muskegon North, Inc.
Outdoorsmen Pro Shop Muskegon North, Inc. is a gasoline station with convenience store business located in Muskegon, Michigan. The company was financed with an SBA 7(a) loan for a change of ownership of $2.81 million, approved on June 25, 2025 by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Jun 25, 2025
$2,810,000 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,810,000
- SBA-guaranteed amount
- $2,107,500 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 25, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $25,041 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Muskegon County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% 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 Michigan: $1,645,728.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Michigan
- Kc Markets Incorporated, Muskegon
- BP Gammo, Waterford
- MAB Real Estate, Inc., Southfield
- Fastlane Station, Chesterfield
- 96 Gas Stop, Livonia
- Special K Holdings, LLC, Port Huron
- Multani Investments V Inc, Weidman
- Apple Corner Store, Inc, Muskegon