Main Street Registry

Redtop Travel Plaza

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

Redtop Travel Plaza, located in Chowchilla, California, is classified under the industry Gasoline Stations with Convenience Stores (NAICS 457110). The business was financed with an SBA 7(a) loan for a change of ownership of $2.78 million, approved on March 6, 2026, through lender Open Bank.

SBA 7(a) loan, change of ownership, approved Mar 6, 2026

$2,780,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,780,000
SBA-guaranteed amount
$2,085,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
March 6, 2051 (estimated, approval date plus term)
Estimated monthly payment
$21,456 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 21, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Boyett Petroleum - (Valero) Branded License Agreement
Project location
Madera County, CA
SBA district office
Fresno District Office
Congressional district
CA-04
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 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