Main Street Registry

Smart Shop 12 Inc

Lexington, NC · Gasoline Stations with Convenience Stores · NAICS 457110

Smart Shop 12 Inc is located in Lexington, NC, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 504 loan ($2,309,000 SBA portion) on March 13, 2026 to finance real estate or equipment.

SBA 504 loan, approved Mar 13, 2026

SBA (CDC) portion
$2,309,000
Bank portion
$3,205,889
Estimated project size
$6,127,654 (estimated)
Estimated owner equity
$612,765 (estimated, about 10% of the project)
Bank lender
Atlantic Union Bank, Richmond, VA
CDC
Carolina Business Capital, Inc.
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
March 13, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Cary Oil Company Inc - Complete Contract of Sale (Branded)
Project location
Davidson County, NC
SBA district office
North Carolina District Office
Congressional district
NC-13
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

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 North Carolina