Main Street Registry

Tiwana Investments LLC

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

Tiwana Investments LLC is a gasoline station and convenience store business in Olympia, Washington, classified under NAICS 457110. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,110,000, approved by Hanmi Bank on December 12, 2023.

SBA 7(a) loan, change of ownership, approved Dec 12, 2023

$3,110,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,110,000
SBA-guaranteed amount
$2,332,500 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
December 12, 2048 (estimated, approval date plus term)
Estimated monthly payment
$27,172 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 15, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Thurston County, WA
SBA district office
Seattle District Office
Congressional district
WA-10
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 76% 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 Washington: $1,784,595.

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