Main Street Registry

Quick Stop Travel Plaza LLC

Klamath Falls, OR · Gasoline Stations with Convenience Stores · NAICS 457110

Quick Stop Travel Plaza LLC is a gasoline station and convenience store business located in Klamath Falls, Oregon. It was financed with an SBA 7(a) loan for a change of ownership, approved on November 15, 2023, in the amount of $3,645,500 through Readycap Lending, LLC.

SBA 7(a) loan, change of ownership, approved Nov 15, 2023

$3,645,500 approvedLender: Readycap Lending, LLC25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,645,500
SBA-guaranteed amount
$2,734,125 (75% of the approval)
Lender
Readycap Lending, LLC, Berkeley Heights, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
25 years (300 months)
Estimated maturity
November 15, 2048 (estimated, approval date plus term)
Estimated monthly payment
$32,486 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 22, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Ed Staubs & Sons Petroleum (Multi-brands) Retail Product Sales Agreement
Project location
Klamath County, OR
SBA district office
Portland District Office
Congressional district
OR-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 83% 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 Oregon: $1,946,167.

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 Oregon