Riyana & Rigina Corporation
Riyana & Rigina Corporation is located in Gilmer, TX, and the SBA lists its industry as Convenience Retailers. It was approved for an SBA 7(a) loan of $1,484,000 for a change of ownership on July 29, 2026.
SBA 7(a) loan, change of ownership, approved Jul 29, 2026
- Gross approval
- $1,484,000
- SBA-guaranteed amount
- $1,113,000 (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
- July 29, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $11,454 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Franchise
- Clarksville Oil and Gas Co. LTD - Motor Fuel Agreement
- Project location
- Upshur County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 72% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- Average acquisition loan in Texas: $1,944,682.
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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