Station 60 LLC
Station 60 LLC is located in Grafton, WI, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 504 loan ($1,704,000 SBA portion) on September 6, 2024 to finance real estate or equipment.
SBA 504 loan, approved Sep 6, 2024
- SBA (CDC) portion
- $1,704,000
- Bank portion
- $2,775,000
- Estimated project size
- $4,976,667 (estimated)
- Estimated owner equity
- $497,667 (estimated, about 10% of the project)
- Bank lender
- Summit CU, Cottage Grove, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 6, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Franchise
- Rote Oil Ltd. - Branded Supply Agreement
- Project location
- Ozaukee County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-6
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 45% 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 Wisconsin: $2,095,135.
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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