RUPA Real Estate LLC
RUPA Real Estate LLC, located in Pickerel, Wisconsin, operates in the gasoline stations with convenience stores industry (NAICS 457110). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,562,700, approved on November 22, 2024 by Old National Bank.
SBA 7(a) loan, change of ownership, approved Nov 22, 2024
$3,562,700 approvedLender: Old National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,562,700
- SBA-guaranteed amount
- $2,672,025 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- November 22, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $26,328 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Langlade County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 82% 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 Wisconsin: $1,729,230.
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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