Royal 84 Mart LLC
Royal 84 Mart LLC is located in New Britain, CT, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $1,002,700 for a change of ownership on March 2, 2026.
SBA 7(a) loan, change of ownership, approved Mar 2, 2026
- Gross approval
- $1,002,700
- SBA-guaranteed amount
- $752,025 (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
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 2, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $8,244 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Capitol County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 23% 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 Connecticut: $1,992,959.
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 Connecticut
- Phillips 66, Moosup