Main Street Registry

R&d Fuel Inc.

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

R&d Fuel Inc. is located in Colton, CA, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $2,123,000 for a change of ownership on December 19, 2024.

SBA 7(a) loan, change of ownership, approved Dec 19, 2024

Gross approval
$2,123,000
SBA-guaranteed amount
$1,592,250 (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
9.5%, variable
Term
25 years (300 months)
Estimated maturity
December 19, 2049 (estimated, approval date plus term)
Estimated monthly payment
$18,549 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Circle K Stores, Inc. (Multi Brands) Complete Contract of Sale Branded (Branded-Reseller)
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-31
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 California