Main Street Registry

Pr Petroleum LLC

Dallas, PA · Gasoline Stations with Convenience Stores · NAICS 457110

Pr Petroleum LLC is a gasoline station with a convenience store located in Dallas, Pennsylvania, in the gasoline stations with convenience stores industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,310,000, with an approval date of July 16, 2024, from Metro City Bank.

SBA 7(a) loan, change of ownership, approved Jul 16, 2024

Gross approval
$1,310,000
SBA-guaranteed amount
$982,500 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
July 16, 2049 (estimated, approval date plus term)
Estimated monthly payment
$11,445 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 24, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Luzerne County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Pennsylvania