Main Street Registry

Sandhu & Gill LLC

Olympia, WA · Gasoline Stations with Convenience Stores · NAICS 457110

Sandhu & Gill LLC is a gasoline station with convenience store business in Olympia, WA, classified under NAICS code 457110. The company financed real estate or equipment through an SBA 504 loan of $2,151,000 (SBA portion), approved on August 20, 2024, with First Citizens Bank as the lender and Ameritrust CDC as the certified development company.

SBA 504 loan, approved Aug 20, 2024

$2,151,000 SBA portionCDC: Ameritrust CDC25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,151,000
Bank portion
$2,110,000
Estimated project size
$4,734,444 (estimated)
Estimated owner equity
$473,444 (estimated, about 10% of the project)
Bank lender
First Citizens Bank, Mason City, IA
CDC
Ameritrust CDC
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
August 20, 2049 (estimated, approval date plus term)
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Thurston County, WA
SBA district office
Seattle District Office
Congressional district
WA-6
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Larger than 65% of expansion loans in Gasoline Stations with Convenience Stores on this site.
  • Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
  • Average expansion loan in Washington: $2,234,716.

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 Washington