Main Street Registry

Totem Grocery

Tulalip, WA · Convenience Retailers · NAICS 445131

Totem Grocery is a convenience retailer in Tulalip, Washington, classified under NAICS 445131 (Convenience Retailers). The company was financed with an SBA 7(a) loan for a change of ownership, approved in the amount of $2,686,500 by US Metro Bank with a 2026-01-30 approval date.

SBA 7(a) loan, change of ownership, approved Jan 30, 2026

$2,686,500 approvedLender: US Metro Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,686,500
SBA-guaranteed amount
$2,014,875 (75% of the approval)
Lender
US Metro Bank, Garden Grove, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
January 30, 2051 (estimated, approval date plus term)
Estimated monthly payment
$20,735 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 24, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445131, Convenience Retailers
Project location
Snohomish County, WA
SBA district office
Seattle District Office
Congressional district
WA-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 95% of acquisition loans in Convenience Retailers on this site.
  • Average acquisition loan in Convenience Retailers: $1,185,102.
  • 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