Main Street Registry

Portola Market & Gas Inc

Portola, CA · Gasoline Stations with Convenience Stores · NAICS 457110

Portola Market & Gas Inc, located in Portola, CA, operates in the gasoline stations with convenience stores industry. The company was financed with an SBA 7(a) loan for a change of ownership, approved on June 9, 2025, in the amount of $3,950,000 through US Metro Bank. The loan is associated with a franchise agreement, and the company reports 5 jobs.

SBA 7(a) loan, change of ownership, approved Jun 9, 2025

$3,950,000 approvedLender: US Metro Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,950,000
SBA-guaranteed amount
$2,962,500 (75% of the approval)
Lender
US Metro Bank, Garden Grove, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
June 9, 2050 (estimated, approval date plus term)
Estimated monthly payment
$32,475 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 27, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Ed Staubs & Sons Petroleum (Multi-brands) Retail Product Sales Agreement
Project location
Plumas County, CA
SBA district office
Sacramento District Office
Congressional district
CA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 87% 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